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Home > Squawk Box Europe Express > SQUAWK BOX, WEDNESDAY 5TH OCTOBER, 2022
Podcast: Squawk Box Europe Express
Episode:

SQUAWK BOX, WEDNESDAY 5TH OCTOBER, 2022

Category: News & Politics
Duration: 00:27:00
Publish Date: 2022-10-05 06:57:09
Description:

Opec+ members are reportedly considering a 2m bpd output cut ahead of its first in-person meeting in more than 2 years. Softer economic data inspires hopes of less drastic Fed tightening moves, which helps the S&P 500 log its best two-day gain in more than two years. Elon Musk agrees to purchase Twitter for the original $44bn sale price and will likely avoid the deal being dragged through the courts. And in corporate news, HSBC shares hit a 20-month high after reports the bank is set to offload its Canadian unit. And UK PM faces a further division from within her cabinet and party after refusing benefits increases in line with inflation.  

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