Squawk Box anchors discuss the market moves in the US and Asia, with China outperforming the region despite its worst slump in industrial profits for 8 years. We have an exclusive with ECB executive board member Yves Mersch who insists EU industries must keep up with competition from the US and China. We’re live in Westminster where UK MPs are set to vote on amendments to the EU withdrawal deal amid talk of Prime Minister Theresa May setting a resignation date. And, in Germany, finance minister Olaf Scholz denies the government is pressuring Deutsche Bank and Commerzbank to merge.   

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