US Inflation Picks Up; Israel Airstrikes Hit UN School | Horizons Middle East & Africa 09/12/2024

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US inflation unexpectedly picked up in August undercutting chances of an outsize Fed rate cut next week. Also on the show: AP reporting hospital officials in Gaza say Israeli airstrikes overnight and Wednesday hit a UN school killing at least 34 people; Three investment bankers have been detained in China; ECB is expected to cut key rate to 3.5% from 3.75%; Burundi starts a national campaign to curb the spread of mpox; Nvidia CEO says scramble for a limited amount of chips supply frustrates customers. Guests include: Manpreet Gill, Standard Chartered Wealth Management, CIO of Africa, Middle East and Europe; Razan Hilal, FOREX.com, Market Analyst.
00:00 Intro
04:25 Manpreet Gill, Standard Chartered Wealth Management, CIO of Africa, Middle East and Europe
10:31 Gaza hospitals say Israeli strikes kill 34 people: AP
15:39 China detains investment bankers, confiscates passports
26;55 Razan Hilal, FOREX.com, Market Analyst
32;20 Economists predict ECB to cut 25bp
36:18 Burundi gears up to fight mpox
41:50 Nvidia CEO says customer relations 'tense'

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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CNBC let their best European host get away

KK-pmud
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Let's pray and hope that tonight's economic data jobless claims will come in much worse than expected. Thank you. 🙏🏾🙏🏼

MrKenng