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SQUAWK BOX, FRIDAY 25TH NOVEMBER, 2022 episode artwork

Nov 25, 2022 26 min

SQUAWK BOX, FRIDAY 25TH NOVEMBER, 2022

from Squawk Box Europe Express

Covid cases in China hit fresh record highs as new local infections top 30,000, weighing on investor sentiment in the region. The ECB stresses further rate rises are needed to prevent inflation from becoming entrenched, with Board Member Isabel Schnabel signaling the central bank is not yet planning to slow the pace of hikes. EU states remain deadlocked over a price cap on Russian oil, while energy ministers in Brussels agree to revisit a price cap on gas next month. Retailers brace for one of the busiest shopping days of the year. U.S. consumers are expected to increase their Black Friday spending, while European shoppers face a downturn.

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SQUAWK BOX, FRIDAY 25TH NOVEMBER, 2022

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This episode was published on November 25, 2022.

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