34 min
SQUAWK BOX, MONDAY 26TH JULY, 2021 Squawk Box Europe Express
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- Business News
Major Chinese markets slump on the back of Beijing’s continuing regulatory crackdown, with billions wiped from tech, education and property stocks. After a volatile week, the Dow breaks through the 35k level. Investors await mega-cap tech earnings as well as the Fed rate decision later this week. In Germany, the continent’s largest real estate deal faces new uncertainty as Vonovia says it may fail to reach the 50 per cent acceptance threshold for its merger with Deutsche Wohnen. And there are widespread anti-vaccination passport demonstrations throughout France and Italy.
Major Chinese markets slump on the back of Beijing’s continuing regulatory crackdown, with billions wiped from tech, education and property stocks. After a volatile week, the Dow breaks through the 35k level. Investors await mega-cap tech earnings as well as the Fed rate decision later this week. In Germany, the continent’s largest real estate deal faces new uncertainty as Vonovia says it may fail to reach the 50 per cent acceptance threshold for its merger with Deutsche Wohnen. And there are widespread anti-vaccination passport demonstrations throughout France and Italy.
34 min