Squawk Box Europe Express

SQUAWK BOX, FRIDAY 16TH OCTOBER, 2020


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President Trump and Democrat rival Joe Biden go head-to-head but in separate town hall appearances with the U.S. virus response at the fore of discussions. The White House indicates that it is ready to increase its stimulus offer. Treasury Secretary Steven Mnuchin says House Speaker Nancy Pelosi is the main problem, standing in the way of a deal. We hear from ECB President Christine Lagarde who says that the European economy has some way to go but the central bank has enough measures available in its arsenal to aid the bloc’s recovery. She also warns the U.S. election is adding to volatility. The WHO says that Remdesivir has limited or zero ability in treating Covid patients. And in luxury news, LVMH reports that the sale of leather goods has driven sales back into positive territory in Q3 despite a 7 per cent drop in group like-for-like sales.   

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Squawk Box Europe ExpressBy CNBC International

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