SQUAWK BOX, TUESDAY 29TH AUGUST, 2023

U.S. equities begin the week in the green as investors attempt to regain ground ahead of a crucial inflation report later this week. U.S. commerce secretary Gina Raimondo visits China, opening the door for dialogue announcing formal working groups to ease trade tensions. However, she said Washington would not compromise on national security. Grocery inflation slows in the UK, relieving some of the pressure on the BoE to keep hiking rates. And in autos news, China’s largest-selling brand BYD sees H1 profits surge by 200 per cent.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.