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SQUAWK BOX, WEDNESDAY 11TH OCTOBER, 2023

SQUAWK BOX, WEDNESDAY 11TH OCTOBER, 2023

FromSquawk Box Europe Express


SQUAWK BOX, WEDNESDAY 11TH OCTOBER, 2023

FromSquawk Box Europe Express

ratings:
Length:
31 minutes
Released:
Oct 11, 2023
Format:
Podcast episode

Description

Asian markets hit a two-week high on the back of the largest drop by the U.S. 10-year Treasury yield since mid-July. We are live at the IMF meetings in Marrakech where ECB Governing Council board member Robert Holzmann tells us that any additional economic shocks could prompt one or two more interest rate increases. Israeli armed forces are launching a ground offensive into the Gaza Strip with the combined death toll of the conflict reaching 2,100. President Biden has condemned the Hamas attack, pledging unwavering support to Israel. South Korean chip giant Samsung beats Q3 profit expectations despite an 80 per cent dip for the quarter. Meanwhile LVMH misses sales forecasts as high inflation and soaring rates weigh on consumer purchasing power. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 11, 2023
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.