19 min listen
SQUAWK BOX, FRIDAY 16TH DECEMBER, 2022
ratings:
Length:
29 minutes
Released:
Dec 16, 2022
Format:
Podcast episode
Description
Global equities see sharp sell-offs following this week’s rate hikes in the U.S. and Europe with warnings of more to come. All three major U.S. indices as well as the STOXX600 slump to their lowest level since November. Both the ECB and BoE push rates up by a further 50bps but say that rate increases will continue into 2023. In Brussels, EU leaders agree on more aid to Ukraine and how to respond to President Biden’s Inflation Reduction Act. However, a corruption scandal engulfing the European Parliament continues to deepen. We hear exclusively from the CEO of shipping titan MSC, Soren Toft, who says his firm is ready to capitalise on a predicted import/export recovery from China following Beijing’s relaxation of its zero-Covid policy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 16, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, TUESDAY 12th MARCH, 2019 by Squawk Box Europe Express