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SQUAWK BOX, TUESDAY 29TH AUGUST, 2023 episode artwork

Aug 29, 2023 28 min

SQUAWK BOX, TUESDAY 29TH AUGUST, 2023

from Squawk Box Europe Express

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.

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SQUAWK BOX, TUESDAY 29TH AUGUST, 2023

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