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China deflation fears as October industrial profits tank

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Manage episode 452215678 series 2874694
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

China continues to grapple with deflation concerns as October industrial profits sink. U.S. indices appear to shrug of the threat of upcoming Trump tariffs and rising on the promise of further Fed easing. Attention will now turn to today’s PCE print. CNBC learns that OpenAI employees are set to sell $1.5bn of stock in a tender offer to SoftBank. And in the Middle East, a U.S.-brokered ceasefire deal between Israel and Hezbollah comes into effect. Israeli Prime Minister Benjamin Netanyahu warns his country is ready to respond immediately should any part of the agreement be violated.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

1511 episoade

Artwork
iconDistribuie
 
Manage episode 452215678 series 2874694
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

China continues to grapple with deflation concerns as October industrial profits sink. U.S. indices appear to shrug of the threat of upcoming Trump tariffs and rising on the promise of further Fed easing. Attention will now turn to today’s PCE print. CNBC learns that OpenAI employees are set to sell $1.5bn of stock in a tender offer to SoftBank. And in the Middle East, a U.S.-brokered ceasefire deal between Israel and Hezbollah comes into effect. Israeli Prime Minister Benjamin Netanyahu warns his country is ready to respond immediately should any part of the agreement be violated.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

1511 episoade

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