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MORNING SQUAWK
APAC
Wednesday, 13 April 2022
Asia-Pacific stocks mixed after hot U.S. inflation report; China's trade data ahead
U.S. consumer prices rose 8.5% in March as compared with a year ago, the fastest annual gain since December 1981, official data released Tuesday showed.
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Biden calls Putin's actions in Ukraine 'genocide'; Putin warns Russia cannot be isolated from the West
U.K. intelligence suggests that Russian forces are preparing for what is expected to be a large and more focused push into the east of Ukraine.
New omicron XE Covid variant first detected in the UK spreads to Japan as cases rise
Japan has reported its first case of omicron XE — a new Covid-19 variant first detected in the U.K. — just as British cases of the subvariant rise.
In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
Persistent inflation in China narrows the window for when the People's Bank of China can cut rates and support growth, economists said.
Jim Cramer: Be ready to pounce with cash on hand when market uncertainty settles
"For now, all we've got is hope, and that's not enough of a game plan," the "Mad Money" host said.
Today's Guest Highlights on CNBC
All times in SIN/HK
11:30
Dan Wang
Chief Economist, Hang Seng Bank (China)
China trade data
11:40
V. Anantha Nageswaran
Chief Economic Advisor, India
India economy outlook
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