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MORNING SQUAWK
APAC
Wednesday, 10 August 2022
China stocks wobble as consumer inflation rises; Asia markets fall
China's consumer prices increased 2.7% in July compared with the same period in 2021, the most since July 2020.
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Critical inflation report could show price increases have eased
Inflation may finally be cooling, thanks to falling gasoline prices and fading supply chain issues.
How strong is the U.S. consumer? Here's what Wall Street has to say — and the stocks it likes
Consumer strength plays a pivotal role in the Fed's decision making, but the data paint a mixed — and sometimes confusing —picture.
Coinbase shares drop on billion-dollar loss in second quarter and revenue miss
Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell.
Ford raises price of electric F-150 Lightning by up to $8,500 due to 'significant' battery cost increases
The starting prices for the F-150 Lightning will range from about $47,000 to $97,000, up from roughly $40,000 to $92,000.
Today's Guest Highlights on CNBC
All times in SIN/HK
11:30
Jason Sum
Regional aviation analyst / DBS Group Research
Cathay Pacific
12:00
Hal Reynolds
CIO / Los Angeles Capital
Global markets
12:30
Michael Bucella
Partner / BlockTower
Crypto outlook, Coinbase earnings
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