Squawk Box Europe Express

Epizodes

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  First Fed Hike Since 2023 16.09.2026 26min

  The Fed hikes for the first time in over 3 years, with the Dow shedding over 600 points while the 10-year Treasury yield holds stubbornly around the 5% mark. The rate hike provokes U.S. President Donald Trump, who once again demands looser monetary policy, calling the FOMC “hostile”. Across the pond the Bank of England looks poised to deliver a hold as long-term borrowing costs hover near their highest in nearly 30 years. And the EU's offer for Canada to become its first-ever associate member also draws the ire of President Trump, who threatens further trade restrictions on the bloc if those plans progress.
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  Today's Fed decision with first hike in three years priced in 15.09.2026 31min

  All eyes are on the Federal Reserve decision today, as America’s central bank is all-but certain to have its first hike in over 3 years with the expected move will likely strain ties with U.S. President Donald Trump. Meta’s Mark Zuckaberg is weighing in on the AI safety debate, favoring independent evaluation rather than a slowdown in development, but Nvidia’s Jensen Huang and OpenAI CFO Sarah Friar come down on opposite sides of the conversation. 
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  Hardware software split and Trump decries "Hoax" 14.09.2026 27min

  Chip names sell off on both sides of the pond amid investor pullback after warnings from AI giants. Software stocks, however, catch a bid, putting the two baskets at a huge divergence. Trump intervenes, calling warnings over the technology a “sick”  “hoax,” and telling AI leaders not to kill the “golden goose”, going as far as calling up Jensen Huang during a podcast recording. The 10-year Treasury yield hits its highest ever level in almost 20 years, with traders eyeing a near 95% chance of a Fed hike as the FOMC starts its two-day meeting today.
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  AI safety fears top the agenda 14.09.2026 25min

  AI safety fears have dominated the sphere as Anthropic chief Dario Amodei's proposals to rein in development manage to unite bitter rivals Elon Musk and Sam Altman in support. However, U.S. president Donald Trump disagrees. Trump’s relationship with Fed Chair Warsh is set for a new test as investors eye a more-than 85% chance the central bank raises rates at its meeting this week while the President says the U.S. should have the lowest interest rates in the world. Oil prices notch fresh gains amid new strikes on Saudi Arabia and the Strait of Hormuz, which force Saudi to temporarily shut its East-West oil pipeline. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Latest U.S. Treasury buyback falls short of market hopes 11.09.2026 26min

  The latest U.S. Treasury buyback disappoints which piles on the pressure to sell global bonds. The 10-year Treasury yield is inching towards 5 per cent. In oil news, WTI tops $100 for the first time since May as continued Iranian attacks on Gulf refineries and vessels attempting to pass out of the Strait of Hormuz drive raise concerns over an extended disruption to supply. The ECB bumps rates by a quarter point as energy price concerns steer the inflation outlook upwards. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Trump promises $5,000 ‘dividend’ to U.S. citizens if Republicans win midterms 10.09.2026 27min

  President Trump talks up America's "tremendous" success as he promises a 'dividend' to US adult citizens if the Republicans retain control of Congress - in a pledge totalling more than a trillion dollars. The 10-year US bond yield jumps to its highest level in three years as the Treasury Department announces plans to buy back up to 6 billion dollars in longer-term debt - triple the normal level. UBS CEO Sergio Ermotti telling CNBC he sees investor complacency as geopolitical and economic risks mount. Apple unveils its long-awaited foldable phone, with the 'iPhone Duo' coming in just shy of $2,000 in a major shakeup of its lineup under new CEO John Ternus. The ECB looks poised to raise rates at today's meeting, with traders pricing in a near 100 percent chance of a 25 basis point hike. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Gulf flare-up pushes Brent closer to $100-mark 09.09.2026 27min

  Brent nears $100 a barrel as the conflict in the Gulf continues to flare. The IRGC says it attacked 2 American vessels and 8 oil tankers as retaliation for the U.S. targeting Iranian crude supplies earlier this week. Inflation fears rise as a result of surging energy prices, as do expectations of rate hikes from the ECB and Federal Reserve later this week. BoE Governor Andrew Bailey says the global economy is facing several upside inflationary risks. Wall Street closed Tuesday’s session in the red as AI models at several software firms come under scrutiny.   See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Mistral raises €3bn in funding round 08.09.2026 29min

  Mistral AI raises €3bn at a valuation of more than €21bn. The fund-raising round is among Europe’s largest ever. CEO Arthur Mensch tells CNBC that the move will accelerate future growth. Oil prices are at a six-week high with Brent crude nearing the $100-mark. Market sentiment reacts with the chances of central bank tightening looming. Chinese exports in August grow by 25 per cent while Canada’s counter-tariffs against the U.S. take hold. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  AfD storms to victory in Saxony-Anhalt 07.09.2026 33min

  Germany’s AfD party wins a resounding election in the eastern state of Saxony-Anhalt with almost 45 per cent of the vote. Ulrich Siegmund, the candidate vying to be the state premier pledges the party will not compromise if it comes to power. Investors attempt to look beyond President Trump’s threat to cut off top trading partners if the Federal Reserve fails to cut interest rates. Markets have priced in a 60 per cent chance of a rate hike in September following August’s jobs data. Brent nears $100 a barrel as the U.S. and Iran engage in fire across the weekend. The U.S. military said it had targeted 3 Iranian oil tankers following missile launches at two American vessels. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  The agenda for Europe and easing Treasury yields 04.09.2026 25min

  A new economic order for the AI era looms over talks at the European House – Ambrosetti Forum, as policymakers and business leaders gather at Lake Como. Equities rally and yields ease, while Norway’s sovereign wealth fund floats unwinding some of its Treasury holdings by roughly $80 billion. Today’s U.S. jobs report has traders locked in a dead heat, with CME FedWatch futures on the fence as investors look for clues on the Federal Reserve’s next policy move. And Volkswagen’s board approves an overhaul that will slash 50,000 jobs and halve its vehicle line-up after a tense standoff with unions. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  'Light tough' AI regulation, treasury yields rise 03.09.2026 26min

  Treasury yields hover near multi-year highs as investors await Friday’s big jobs report for clues on the Federal Reserve’s next policy move. New York Fed President John Williams tells CNBC higher yields are not a signal of market dysfunction. Traders brace for possible ‘Yen-tervention’ as the dollar eases from a two-week high, raising speculation that Japanese authorities might once again intervene in the foreign exchange market. Washington secures a 'light touch' approach to AI regulation at a G20 technology gathering in North Carolina as Commerce Secretary Howard Lutnick tells CNBC any tariffs on the chip sector will be selective. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Global bond rout deepens as costs hit multi-decade highs 02.09.2026 25min

  The global bond rout deepens as fears over fiscal deficits and rising inflation fuel a multi-decade high in government borrowing costs. US Treasury Secretary Scott Bessent, however, is not concerned. Oil prices continue to climb as the U.S. ramps up strikes on Iran, while Tehran retaliates with attacks on Gulf States. Volkswagen’s leadership will propose ending production at four German factories from 2031 at a meeting later this week. Speaking to CNBC, chief negotiator of the IG Metall workers union accuses the carmaker of going back on past agreements. In his first appearance at the House of Commons as the U.K. Prime Minister, Andy Burnham names Margaret Thatcher and Brexit as key reasons for the country’s stagnant growth. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Bond sell-off continues, yet Bessent shrugs off concerns 01.09.2026 26min

  U.S. Treasury Secretary Scott Bessent downplays concerns as the global bond sell-off deepens with the U.S. 10-year treasury yield hitting a 20-month high. The G20 summit in North Carolina leaves European officials astonished at the Russian Finance Minister’s attendance, but Bessent says there will be no sanction relief until the war in Ukraine is over. Shein struggles in its Hong Kong IPO, as the valuation of the fast-fashion giant falls by some three-quarters since its private market peak in 2022. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Markets eye Warsh Jackson Hole speech 28.08.2026 30min

  Markets await U.S. Federal Reserve Chairman Kevin Warsh’s debut keynote speech at the Jackon Hole Symposium later today. We hear from Cleveland and Kansas City Fed presidents Jeff Schmid and Beth Hammack about their concerns regarding U.S. consumer inflation and the interest rate path. Nvidia notches the second-largest market cap move on record – almost $500bn on the Nasdaq – pushing its share price up by almost 9 per cent following stellar quarterly results. Prospective presidential candidates in France clash in the election cycle’s first debate with the centrist parties trailing both sides of the political spectrum. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Nvidia posts quarterly revenue beat as Huang eyes further growth 'acceleration' 27.08.2026 30min

  Nvidia posts another quarterly earnings beat, predicting a 70 per cent surge in sales growth for 2027 and shrugs off concerns over circular financing. CEO Jensen Huang tells CNBC, A.I. growth is accelerating and finally becoming productive. CNBC hears from sources that Anthropic has struck a $45bn cloud deal with Nscale while there are reports Nvidia is set to take over Hugging Face who’s platform was briefly hacked by OpenAI’s rogue agent several weeks ago. As global bond market volatility continues, all focus turns to Jackson Hole, Wyoming where U.S. Federal Reserve Chairman Kevin Warsh will deliver his debut keynote speech to the symposium later today.   See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Markets await Nvidia earnings 26.08.2026 25min

  Nvidia earnings are in focus as the AI giant hopes to prove the bears wrong about its $500bn AI financing push. There are expectations of a 100 per cent quarterly surge for the company. OpenAI’s chief of data centres, Chris Malone, has quit the company to become the third high-profile departure this month as IPO speculations abounds. Canada imposes tariffs on up $20bn of U.S. goods, escalating the trade war between the two neighbours.   See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Bessent expands Iran sanctions to secondary partners 25.08.2026 27min

  U.S. Treasury Secretary Scott Bessent has warned of secondary sanctions on any third parties attempting business with the Islamic regime, including China. Bessent also insists the Treasury’s auction schedule would continue apace even amid the department’s buybacks. Germany’s finance minister Lars Klingbeil has blamed the global spike in bond yields on the conflict in the Gulf. In crypto news, Bitcoin surges past $80,000 for the first time since mid-May on the back of increased inflows of spot Bitcoin ETFs. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Markets brace for Nvidia earnings and Warsh's Jackson Hole debut 24.08.2026 26min

  U.S. futures dip ahead of Nvidia earnings and U.S. Federal Reserve Chairman Kevin Warsh’s debut speech at this week’s Jackson Hole Symposium. Both events could have significant impacts on how markets trade for the rest of the year. U.S. Treasury Secretary Scott Bessent vows to impose crippling new sanctions on Iran and any ‘enabling’ countries ahead of a widely anticipated press conference later today. Nordic and Baltic national leaders pledge continued military and financial support for Ukraine as the country marks Independence Day. UK Prime Minister Andy Burnham is also due to travel to Kyiv today – his first international visit as leader. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  U.S. Treasuries surge despite Bessent buyback intervention 21.08.2026 24min

  Treasury yields have rebounded despite yesterday’s buyback intervention relief from U.S. Treasury Secretary Scott Bessent. In an exclusive interview, Bessent told CNBC he is prepared to increase the operation beyond $4bn. The bond sell-off has impacted the equities markets which closed deep into negative territory at the end of Thursday’s sessions. European futures are flat following a down week on the Continent. In crypto news, Bitcoin surpasses the $70,000-mark, adding approximately 20 per cent this week. We hear from Coinbase CEO Brian Armstrong who says the sector is now set for another bull market. And in banking news, Italy’s Monte dei Paschi offers a double takeover of Banco BPM and Banco Generali. If approved, the deal would be valued at close to €70bn and would trump Intesa’s own takeover bid. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  Bessent's buyback move offers bond markets relief 20.08.2026 28min

  There’s some relief in the global government bonds market thanks to U.S. Treasury pledges to double buybacks for longer term bills. President Trump resumes criticism of the Federal Reserve for high interest rates amid rising debt burdens. Trump also escalates the economic pressure on Iran, threatening any third-party country doing business with the Islamic Republic and preparing to significantly increase sanctions on the country. ECB President Christine Lagarde says U.S. moves away from the global economic order are having a negative impact on eurozone growth. She urged policy makers not repeat the mistakes of the dotcom boom in today’s A.I. era.   See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.