Skip to content
SQUAWK BOX, WEDNESDAY 9TH AUGUST, 2023 episode artwork

Aug 9, 2023 25 min

SQUAWK BOX, WEDNESDAY 9TH AUGUST, 2023

from Squawk Box Europe Express

The Chinese economy tips into deflation for the first time in over two years with consumer prices -0.3%, heaping further pressure on Beijing to step up the stimulus. Bank stocks lead Wall Street into the red after Moody's cuts the credit rating of ten regional lenders, while Italy's government partially backtracks on its planned bank windfall tax after lenders see heavy losses in Tuesday's session. Disney's ESPN partners with Penn Entertainment to launch its first sports betting book, with CEO Bob Iger looking to rejuvenate the House of Mouse ahead of key earnings later today. And Novo Nordisk shares hit a fresh record high, jumping 17% after unveiling positive results from its weight loss treatment Wegovy, cementing the Danish heavyweight as Europe's second largest company by market cap.

Episode details come from the podcast's RSS feed.

Embed this episode

Ready to play

SQUAWK BOX, WEDNESDAY 9TH AUGUST, 2023

0:00 25:43

No transcript yet.

Requests help us decide what to transcribe next.

Frequently asked questions

How long is this episode of Squawk Box Europe Express?

This episode is 25 minutes long.

When was this Squawk Box Europe Express episode published?

This episode was published on August 9, 2023.

Can I download this Squawk Box Europe Express episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.