Trump says ‘it will all be fine’ after additional 100% tariff threat against China
Futures point to a stock market rebound across Europe and the US as President Trump says 'it will all be fine' - after triggering a Friday sell-off with his 100% tariff threat against China. Meanwhile, Israel's military says the first hostages have been released by Hamas under the Gaza ceasefire agreement, as President Trump flies into the region. Iraq's Prime Minister tells CNBC he hopes today marks the start of lasting peace. Over in France, Sebastian Lecornu unveils his new government, two days after being reappointed Prime Minister - and prepares to present a budget proposal today.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
-------- Â
27:48
--------
27:48
Ongoing U.S. government shutdown weighs on Dow
The U.S. government shutdown continues into a tenth day, dragging the Dow to its worst session in almost a month. Europe’s Stoxx 600, however, enjoys its longest week-to-week winning streak since August. We are live in Paris where the office of President Macron has pledged to pick his new prime minister – France’s sixth in less than two years – by the end of today. The Israeli cabinet has ratified President Trump’s ceasefire deal with Hamas which could see operations in Gaza suspended within 24 hours and Israeli hostages freed by the start of next week. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
-------- Â
26:28
--------
26:28
Israel, Hamas agree to pave way for ceasefire deal
Israel and Hamas agree on the first phase of a U.S.-brokered ceasefire deal and hostage return in what is a crucial first step to ending the two-year conflict. We are live in Paris where outgoing Prime Minister Sebastian Lecornu predicts France should have a replacement for his post within 48 hours as lawmakers attempt to calm the latest political turmoil engulfing the country. In Hong Kong, listed shares of HSBC nosedive after the lender announces it will cease buybacks for three years in a proposal to take Hang Seng Bank private. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
-------- Â
25:49
--------
25:49
A.I. rally snaps 7-day winning streak for S&P 500
Fears of a strong A.I.-fueled rally puts an end to a seven-day winning streak for the S&P 500 but gold shows no sign of stopping, breaking through the symbolic $4000/oz level. The U.S. government shutdown enters its second week with little hope of any breakthrough. President Trump has hinted he could deny back-pay for certain federal workers. And BMW is forced to slash its FY sales forecasts on the back of U.S. tariffs and poor Chinese demand. The German auto maker now says a dip on the year looks inevitable.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
-------- Â
26:58
--------
26:58
French markets in disarray following Lecornu resignation
French President Emmanuel Macron scrambles to deal with the fallout of Prime Minister Sebastian Lecornu’s shock resignation yesterday which caused yields to soar and French equities to plunge. The U.S. government shutdown continues, edging gold prices ever closer to the landmark $4,000 mark. And in tech news, chip designer AMD sees shares skyrocket by up to 20 per cent following its multi-billion dollar tie-up with ChatGPT maker OpenAI.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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.
South Africa