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SQUAWK BOX, TUESDAY 14TH JANUARY, 2020

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Manage episode 250259477 series 2508762
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Label lost…the offshore yuan surges to its highest level in half a year after the U.S. ceases calling Beijing a currency manipulator, just a day ahead of the expected signing of the Phase 1 trade deal in Washington. Asian shares rise to seven-month peaks on the positive sentiment generated, which has seen Chinese trade data post better-than-expected gains in December. In the U.S., the Nasdaq and S&P 500 are also in the green, reaching fresh record highs buoyed by tech stocks but it’s the big Wall Street banks in the spotlight at the start of earnings season. And in telecom news, U.S. officials voice their anger at UK ‘madness’ ahead of a key decision on whether to allow the Chinese tech giant Huawei access to Britain’s launch of 5G.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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1408 episodes

Artwork
iconShare
 
Manage episode 250259477 series 2508762
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Label lost…the offshore yuan surges to its highest level in half a year after the U.S. ceases calling Beijing a currency manipulator, just a day ahead of the expected signing of the Phase 1 trade deal in Washington. Asian shares rise to seven-month peaks on the positive sentiment generated, which has seen Chinese trade data post better-than-expected gains in December. In the U.S., the Nasdaq and S&P 500 are also in the green, reaching fresh record highs buoyed by tech stocks but it’s the big Wall Street banks in the spotlight at the start of earnings season. And in telecom news, U.S. officials voice their anger at UK ‘madness’ ahead of a key decision on whether to allow the Chinese tech giant Huawei access to Britain’s launch of 5G.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

1408 episodes

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