Squawk Box Europe Express
Business & Finance
About
CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Steve Sedgwick, Karen Tso and Julianna Tatelbaum engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.
Episodes
- Trump slams Tehran's peace plan response
President Trump rejects Iran's peace plan response, leading to an increase in Brent crude prices. Trump is also set to visit Beijing to discuss various topics including Iran, AI policy, trade, and rare earth restrictions.
- Gilt yields hold high as election losses hit U.K.'s Starmer
UK stocks have fallen and gilt yields remain high following UK Prime Minister Keir Starmer's Labour Party sustaining losses in local elections. The US and Iran have exchanged fire around the Strait of Hormuz, and Commerzbank has increased…
- Iran mulls U.S. proposals to end war
Iran is considering U.S. proposals to end a conflict and discussing the Strait of Hormuz and its nuclear program. European equities and Wall Street saw gains, and Asian markets continued to rally. Shell reported profits and warned of produ…
- Trump slams brakes on 'Project Freedom' as talks progress
President Trump has paused 'Project Freedom' as progress is made on a potential deal with Tehran. Equity markets reacted positively, and Novo Nordisk's Wegovy sales increased.
- U.S. and Iran exchange fire in Strait of Hormuz
The U.S. and Iran have exchanged fire in the Strait of Hormuz, threatening a ceasefire agreement. Financial news includes Unicredit raising its guidance following record quarterly profits and HSBC reporting flat Q1 profits with expectation…
- U.S. navy to guide stricken tankers through Strait of Hormuz
The U.S. Navy will assist tankers navigating the Strait of Hormuz, according to President Trump. The European Commission is evaluating its response to potential U.S. auto tariff hikes, while the UK Prime Minister plans to discuss joining a…
- ECB, BoE hold rates steady in face of inflation threat
The European Central Bank and Bank of England have maintained current interest rates, while warning of a possible increase in June if inflation intensifies due to the Iran crisis. Meanwhile, major stock indices saw gains, and Apple reporte…
- Brent surges to 4-year high as Trump eyes blockade extension, strikes
Brent crude oil reached a four-year high exceeding $123 per barrel due to potential U.S. strikes on Iran and geopolitical tensions. The European Central Bank and Bank of England are anticipated to maintain steady interest rates, while the…
- Deutsche Bank and UBS post record quarterly results
Deutsche Bank and UBS announced record quarterly results, with Deutsche Bank raising revenue guidance and UBS achieving an 80% profit increase. The UAE announced its departure from Opec.
- Trump slams Iranian moves to postpone nuclear talks
US President Donald Trump expressed unhappiness with Iran
- Trump urges Iran to reopen talks
President Trump indicated Iran can initiate talks, potentially after Iran's reported plan to offer a new proposal to end conflict and reopen the Strait of Hormuz if nuclear discussions are postponed. The episode also touches on security co…
- Trump heralds Israel-Lebanon ceasefire extension
U.S. President Donald Trump announced a three-week ceasefire extension between Israel and Lebanon. EU leaders convened to discuss the Gulf crisis, energy security, and the bloc’s budget, also celebrating an agreement on a €90bn Ukraine loa…
- Podcast summary: European Q1 earnings in focus
European Q1 earnings are in focus, with Nestlé and Heineken beating expectations. Tesla also exceeded earnings estimates, though it fell short of revenue targets and increased capital expenditure. Oil prices increased amid geopolitical ten…
- U.S.-Iran ceasefire extended but Strait of Hormuz remains shut
The U.S. ceasefire with Iran has been extended by President Trump to facilitate peace talks, though the Strait of Hormuz remains closed. Separately, Federal Reserve nominee Kevin Warsh stated he would be independent on rate decisions, and…
- Cook to step down as Apple CEO
Apple CEO Tim Cook is stepping down in September, with hardware chief John Ternus to take over. During Cook's 15-year tenure, Apple's market cap increased by $3.6 trillion. Cook will transition to executive chairman. The episode also brief…
- U.S. Navy seizes Iranian cargo ship
The U.S. Navy seized an Iranian cargo ship in the Gulf of Oman, prompting both nations to reinstate blockades through the Strait of Hormuz. President Trump announced a delegation heading to Pakistan for peace talks, but Iran stated they wo…
- Israel-Lebanon 10-day truce begins
A 10-day ceasefire between Israel and Lebanon has started. US President Trump believes the Iran conflict will end soon. Central bank governors from Israel and France commented on economic expectations and upcoming ECB rate decisions.
- Wall Street surges as Iran peace hopes rise
US equities reached record highs as hopes for an end to the Iran conflict grew, influencing Asian markets. European policymakers convened at the IMF Spring Meetings to discuss the potential risks of a protracted conflict.
- Trump eyes resumption of Iran talks
US President Trump indicated that peace talks with Iran might restart soon. The IMF has reduced its global growth forecast, with even the best-case scenario involving a significant downgrade, and ASML has increased its sales guidance.
- U.S. navy launches blockade of Iranian ports
The US Navy has initiated a blockade of Iranian ports in the Strait of Hormuz. Despite this action, signs of potential dialogue have led to a drop in crude oil prices below $100 per barrel, boosting Wall Street and Asian markets, although…
- U.S. moves to blockade Strait of Hormuz
The U.S. has initiated a blockade of Iranian ports in the Strait of Hormuz following failed peace talks, leading to a surge in oil prices and a downturn in Asian markets. Meanwhile, Hungarian Prime Minister Viktor Orban has been ousted aft…
- Trump accuses Tehran of ceasefire breach
US President Trump stated Tehran is not honoring the ceasefire, with the Strait of Hormuz remaining closed. Israel offered peace talks with Lebanon while continuing operations against Hezbollah. Crude prices remained under $100 despite Sau…
- Iran blames U.S. for ceasefire cracks
Iran alleges U.S. ceasefire violations as Israel targets Lebanon. U.S. Vice-President JD Vance will attend peace talks in Pakistan, acknowledging expected 'choppiness' in the ceasefire. Meanwhile, NATO's Mark Rutte discussed alliance suppo…
- U.S. and Iran agree to two-week ceasefire
President Trump announced a two-week ceasefire between the U.S. and Iran, conditional on Iran opening the Strait of Hormuz. This news led to a drop in oil prices and anticipated gains in Asian, European, and U.S. stock markets. The Israeli…
- Trump deadline to reopen Strait of Hormuz ticks down
U.S. President Trump has set a deadline for Iran to reopen the Strait of Hormuz, threatening consequences if unmet, leading to a rise in oil futures. Danone CEO Antoine de Saint-Affrique details the company's acquisition strategy. Updates…
- Trump tells Americans Iran war due to end 'very shortly'
President Trump stated the Iran war is nearing its end, causing markets to surge past $100 per barrel. He also urged European allies to develop their own capacity to procure Gulf oil, emphasizing U.S. self-reliance.
- Equities surge on renewed hops of de-escalation in the Gulf
Major Wall Street indexes, the Nikkei, and Kospi experienced gains due to optimism about de-escalation in the U.S.-Iran conflict. President Trump expressed a desire to end the conflict swiftly and criticized NATO allies for their contribut…
- Brent on track to post record monthly gains
Brent crude oil is set for its largest monthly gain due to geopolitical events, including Iran's actions and potential US-Iran negotiations. Market volatility is evident with Nasdaq in correction and the Stoxx 600's poor performance, thoug…
- Brent on course for record gains as Iran conflict enters fifth week
Brent crude is on track for record monthly gains as the Iran conflict persists and the Strait of Hormuz remains largely closed. Meanwhile, Asian markets are declining, European futures are down, and Australia has announced a fuel tax cut.
- Trump extends deadline to attack Iran
President Trump has extended the deadline for potential attacks on Iran's energy infrastructure to April 6th, while negotiations reportedly continue. The decision influenced oil prices and stock market futures.
- Iran denies negotiations with U.S.
Iran denies negotiating with the U.S., despite reviewing a ceasefire proposal. Meanwhile, global markets react to geopolitical tensions, and NATO addresses evolving warfare strategies.
- U.S. government hands Tehran peace plan proposal
The U.S. government has presented a peace proposal to Iran, despite Tehran's denials of direct talks. This development coincides with a drop in oil prices and warnings from energy leaders about potential European fuel shortages.
- Iran and U.S. trade mixed messages on peace talks
Iran denies ongoing negotiations with Washington. President Trump announced a five-day postponement of airstrikes and suggested a peace deal might be near. Oil prices saw a rebound.
- Trump threatens to target power stations over Strait of Hormuz closure
President Trump threatened to target Iranian power stations if the Strait of Hormuz is closed, leading Iran to vow retaliation against energy and water supplies. Crude prices rose as Asian and European markets declined.
- Israel claims to have eliminated Iranian nuclear threat
Israel claims to have eliminated Iran's nuclear threat by destroying its uranium enrichment capabilities. Meanwhile, European central banks are deferring rate cuts due to concerns over rising energy prices and inflation caused by Middle Ea…
- Iran strikes Qatar's largest LNG export site
Iran has targeted Qatar's primary LNG export facility following an Israeli attack. The US President has cautioned against further retaliatory strikes. Meanwhile, European markets declined, and the Federal Reserve indicated a single interes…
- France hints at aid to secure Strait of Hormuz
French finance minister Roland Lescure stated France might aid in securing the Strait of Hormuz if the conflict de-escalates. Meanwhile, UK Chancellor Rachel Reeves warned of potential inflation increases linked to the Iran war, and U.S. c…
- President Trump says his focus is on the conflict in the Middle East as he looks to postpone China trip
President Trump is postponing his China trip due to a focus on the Middle East conflict and criticism of European allies regarding tanker escorts. Market futures suggest a negative opening for Wall Street.
- Trump calls for Strait of Hormuz support
President Trump urged allies to support the security of the Strait of Hormuz due to continued oil disruption. European foreign policy chief Kaja Kallas commented on U.S. sanctions against Russia, while oil prices increased amidst market vo…
- Crude closes above $100 for first time in 4 years
Crude oil surpassed $100 per barrel for the first time since 2022, influenced by Iran
- Oil markets on high alert despite record IEA stockpile release
Oil prices dropped below $100 a barrel after attacks on tankers in the Gulf and Iraq. The IEA announced a 400 million barrel strategic reserve release, but energy markets remain cautious. The White House is investigating trade partners ove…
- Oil whipsaws on tanker escort confusion
Oil prices saw significant movement due to conflicting reports about US Navy tanker escorts in the Strait of Hormuz. The International Energy Agency is reportedly considering a large release of oil reserves amid ongoing supply concerns lin…
- Trump hints at oil sanctions relief to aid global markets
President Trump indicated a potential easing of oil sanctions on Iran to stabilize markets, with G7 nations considering the release of strategic oil reserves. Aramco's CEO cautioned about the impact of supply disruptions.
- Oil volatility pushes prices past $100bbl mark
Oil prices experienced significant volatility, briefly exceeding $100bbl before settling lower. The G7 is exploring a joint release of strategic oil reserves, while Asian and European markets show sell-off pressure. Iran has named Mojtaba…
- Washington and Tehran at odds over negotiation claims
The episode discusses the conflicting claims between Washington and Tehran regarding negotiations to end Middle East conflict. It also covers a US oil waiver for India and the economic strain in Europe attributed to the conflict.
- Asian stocks rapidly rebound following Wednesday's slump
Asian stocks experienced a rapid rebound, led by tech and chip sectors, following a recent slump. This comeback occurred as global traders processed concerns stemming from the Middle East conflict, with crude oil also clawing back losses.
- ROK's Kospi suffers worst market session ever
South Korea's Kospi index recorded its worst-ever trading session as Asian markets declined. Intensified Middle East conflict and inflation fears led investors to sell off tech stocks, while US strikes on Iran prompted President Trump to o…
- U.S. ramps up strikes on IRGC sites
The U.S. has conducted strikes on more than 1,000 Iranian sites, including IRGC facilities, with Tehran retaliating against the U.S. embassy in Riyadh. President Trump indicated a readiness to extend the conflict if needed, while market re…
- U.S.-Israeli strikes on Iran intensify
U.S. and Israeli strikes on Iran have intensified, leading to retaliation from Tehran and a surge in crude prices. Futures markets are expected to decline as investors react to events in the Middle East.
- Greens deal major blow to UK's Starmer with Manchester by-election victory
The Green Party has won the Gorton and Denton by-election, putting pressure on Sir Keir Starmer. The episode also covers Netflix's abandoned acquisition deal, a dispute between Anthropic CEO Dario Amodei and a Pentagon official, and financ…