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CNBC Squawk Box Europe March 24, 2023



that the fed could be on hold in may and could be cutting the rest of the year. that changing the scenario for those high growth areas of the market. namely technology with the nasdaq up in front. contrast to the story is lingering concerns with the banking system and credit suisse. the market on this side of the world with caution going into the friday session. a heap of central bank meetings. investors closely eyeing if there will be a different view on this side of the world where the fed could still see further rate hikes over the course of 2023. let me take you to the benchmark. .40% south. the broad based picture here with every sector in the red. at the top is food and drinks and at the bottom is banks. that sector trading down by 1.3%. now big name banks. barclays weaker and soc gen in the red. some of these huge banks with reversal and going with the likes of financials. tracking down .90%. ubs down 4.3%. again, fresh news around that bank. oil and gas is .80% ....

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