SQUAWK BOX, FRIDAY 2ND JULY, 2021

Up to 130 nations representing 90 per cent of global GDP have become signatories to a minimum corporate tax rate. The International Monetary Fund has hiked its growth forecast for the U.S. to 7 per cent but has warned that the recovery could be lopsided. Meanwhile, markets await U.S. jobs data with non-farm payrolls expected to rise by 700k and jobless claims set to hit a fresh pandemic low. The labour market could be in for more long-term changes according to U.S. Commerce Secretary Gina Raimondo, who tells this channel that certain jobs may not return post-Covid. In an IPO-heavy week, retail trading app Robinhood is set to file for its U.S. IPO with an expected valuation in excess of $40bn. And OPEC+ has pushed back a decision on output after the UAE reportedly rebels against the deal to increase production.