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Podcast: Squawk Box Europe Express
Episode: SQUAWK BOX, FRIDAY 4TH NOVEMBER, 2022
Description: The Bank of England hikes interest rates to a historic 3 per cent – the largest jump in 30 years. Governor Andrew Bailey has told CNBC the MPC’s move was needed despite the threat of recession. U.S. equities are in the red as investors brace for October non-farm payroll numbers. They are expected to show employment activity decelerating to its slowest rate in two years. Chinese tech stocks rally on the Hang Seng amid reports of positive U.S. audits of Chinese companies and a potential relaxation of the country’s zero-Covid restrictions. Stateside, Twitter lay-offs are reportedly set to begin...