SQUAWK BOX, THURSDAY 1ST DECEMBER, 2022
from Squawk Box Europe Express
U.S. Federal Reserve Chairman Jerome Powell hints at a slowdown in interest rate rises. A 50bps move is expected in December, sending U.S. equities into the green. The tech sector leads gains in Hong Kong as Asian markets track Wall Street. A private sector survey in China shows manufacturing activity shrinking for a fourth consecutive month. Sam Bankman-Fried has denied he committed fraud at his now-bankrupt FTX exchange. We hear exclusively from Dutch minister for Climate and Energy Policy, Rob Jetten, who says that the failure of EU nations to agree on a gas price cap is jeopardising the bloc’s energy crisis plan.
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