Squawk Box Europe Express

Anthropic reportedly warns of 'existential risks' as it eyes $2 trillion valuation

Existential risks to humanity – that is what Anthropic has reportedly said in its prospectus, seen by Reuters and the FT, despite still eyeing a $2 trillion valuation. Th

Crude gains as Trump rejects Iran plan

Crude prices gain after President Trump rejects an Iranian proposal aimed at ending the Middle East conflict and reopening the Strait of Hormuz. In tech, OpenAI pauses tr

Trump hosts Xi at state banquet

President Trump hosts Chinese President Xi Jinping at a state banquet at the White House along with some of America’s top corporate bosses. Talks between the two leaders

Yield pressure ratchets up as perfect storm in bond markets brew

The 10-year Treasury yield spikes to its highest level since July 2007 in its biggest one day move in nearly 18 months. The 5 and 30 yields are also at levels not seen si

U.S.-Iran meeting at the UN

Crude prices retreat after a three-hour meeting between U.S. officials and the Iranian delegation at the UN, even with President Trump saying he needs to make a “big deci

Nasdaq posts record close driven by AI trade

The Nasdaq closes at a record high, driven by the AI trade as Meta posts its best day since April 2025. JP Morgan boss Jamie Dimon discusses the technology's potential im

U.S-China AI Dialogue

U.S. Treasury Secretary Scott Bessent and the Chinese Vice Premier He Lifeng agree to set up a “U.S.-China AI dialogue” for security incidents from artificial intelligenc

Bank of Japan Hikes to 31-year High

The bank of Japan delivers a quarter point hike, taking rates to the highest level since 1995. But two dissenting votes raise doubts around further normalization, driving

First Fed Hike Since 2023

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 hik

Today's Fed decision with first hike in three years priced in

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

Hardware software split and Trump decries "Hoax"

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 hu

AI safety fears top the agenda

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 sup

Latest U.S. Treasury buyback falls short of market hopes

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

Trump promises $5,000 ‘dividend’ to U.S. citizens if Republicans win midterms

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 total

Gulf flare-up pushes Brent closer to $100-mark

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. targe

Mistral raises €3bn in funding round

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 accelerat

AfD storms to victory in Saxony-Anhalt

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 s

The agenda for Europe and easing Treasury yields

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 an

'Light tough' AI regulation, treasury yields rise

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 W

Global bond rout deepens as costs hit multi-decade highs

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 Bessen