25 min listen
SQUAWK BOX, THURSDAY 28TH MARCH, 2024
ratings:
Length:
30 minutes
Released:
Mar 28, 2024
Format:
Podcast episode
Description
Wall Street hits another record high ahead of crucial inflation data. But Federal Reserve Governor Christopher Waller says he still requires several more months of data to gather the confidence to move to cut interest rates. UBS takes a hit of more than $1bn to its 2023 net profit after cutting the negative goodwill from its rescue of Credit Suisse. The lender now admits it may not be able to realise all its expected gains. Outgoing Dutch Prime Minister Mark Rutte has sought to calm tensions following an important trade bilateral meeting in Beijing. Rutte told President Xi Jinping that chip restrictions with companies such as ASML, are not country-specific. In currency news, the yen is at nearly its lowest level against the dollar since 1990. Markets are carefully watching for any BoJ intervention following an emergency meeting in Tokyo. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 28, 2024
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, THURSDAY 18TH APRIL, 2019 by Squawk Box Europe Express