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SQUAWK BOX, WEDNESDAY 31ST JULY, 2019

Author
CNBC International
Published
Wed 31 Jul 2019
Episode Link
None

This hasn't happened in more than a decade. Squawk Box anchors preview today’s blockbuster U.S. Federal Reserve decision with the central bank poised to cut rates for the first time since the financial crisis. Apple shares jump in after-hours trade as the tech giant beats expectations and returns to growth in the third quarter, but iPhone sales miss estimates. It’s also a big earnings day in Europe with banks front and centre. Credit Suisse sees second-quarter net profit jump 45 per cent amid high levels of client engagement. French rival BNP Paribas also posts forecast-beating numbers due to a strong performance in its corporate and investment banking arms.

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