SQUAWK BOX, WEDNESDAY 28TH OCTOBER, 2020

Earnings season is in full swing on both sides of the Atlantic. In Europe, all eyes are on Deutsche Bank’s third-quarter data with a focus on its loan loss provision figures and trading levels. Meanwhile, Danish brewing giant Carlsberg posts better-than-expected Q3 numbers, enjoying a strong summer surge in China and Russia as lockdown measures eased. In tech news, Microsoft beats estimates across the board, but shares plunge on less-than-optimistic revenue guidance. And President Trump admits that a virus stimulus deal will not materialise before next week’s election, blaming House Speaker Nancy Pelosi of standing in the way of an agreement.