SQUAWK BOX, THURSDAY 2ND MAY, 2024
Squawk Box Europe Express
English - May 02, 2024 05:47 - 22 minutes - 21 MB - ★★★★ - 40 ratingsBusiness News News Business Investing stock market news market news karen tso europe business news squawk box podcast arabile gumede europe cnbc cnbc london european business news europe squawk box Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Federal Reserve leaves rates unchanged with its fight against inflation faltering. Chairman Jerome Powell has signalled any return to rate hikes would be ‘unlikely’. Asia-focused bank Standard Chartered beats expectations to post a 5.5 per cent increase in Q1 pre-tax profit, benefiting from higher trading income. Qualcomm shares are up in extended trade as Chinese demand fuels an earnings beat. Meanwhile, Apple is expecting a double-digit decline in China sales when it reports later today. And in currency news, the yen soars to its strongest level in a fortnight before paring gains back, prompting further speculation the BoJ will intervene.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.