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SQUAWK BOX, FRIDAY 28TH JULY, 2023 episode artwork

Jul 28, 2023 28 min

SQUAWK BOX, FRIDAY 28TH JULY, 2023

from Squawk Box Europe Express

Japan’s corporate bond yield surges to its highest level in almost a decade with the yen and Nikkei whipsawing. The BoJ has promised greater flexibility in its yield curve policy. Asia-focused bank Standard Chartered hikes its dividend and announces a $1bn buyback as H1 net profit surges 20% on higher rates. The ECB raises rates for the ninth consecutive time. President Christine Lagarde, like U.S. Federal reserve Chairman Jerome Powell, says she is open to another increase. In tech news, Intel shares are up 8 per cent after a Q2 beat on the top and bottom line. And the CEO of bespoke UK bank Coutts has been forced to resign following the Nigel Farage de-banking scandal.

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SQUAWK BOX, FRIDAY 28TH JULY, 2023

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This episode is 28 minutes long.

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This episode was published on July 28, 2023.

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