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MORNING SQUAWK
APAC
Wednesday, 31 August 2022
Asia-Pacific markets fall after negative lead from Wall Street; China factory activity data ahead
Asia-Pacific stocks traded lower on Wednesday after a negative lead from Wall Street, and as investors look ahead to China's PMI data.
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Fed's Williams pushes back on market expectations of a rate cut next year
New York Fed President John Williams said he expects rates to continue higher and to remain at those levels until inflation is subdued.
Cramer says avoid all speculative investments like crypto as the Fed stays hawkish
Federal Reserve Chair Jerome Powell is "going to bring the pain until it puts an end to the gambling," CNBC's Jim Cramer said Tuesday.
Morgan Stanley: Buy these 3 EV stocks to cash in on Beijing's auto sector boost
Morgan Stanley says electric vehicles will remain a strategic focus for China and names its top stocks in the sector.
Snap will lay off 20% of staff, report says
Snap has had a difficult year, with the company most recently missing on both revenues and earnings of its second-quarter earnings.
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Rebecca Carter
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Food Security
10:40
Tanya Plibersek
Minister for the Environment and Water / Australian government
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11:10
Karl Simich
MD & CEO / Sandfire Resources
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