On CNBC International, ICG's Head of Economic and Investment Research Nicholas Brooks talks Bank of England rate rises and the wider economic outlook with Arabile Gumede.

It's going to be a very busy week on the economic data front globally. And this is where we start the day after last week's jobs report out of the United States. Chance of a hike in interest rates in the U.S for November has grown to 64% (was 45% last wk)

U.S added 187k jobs in August, more than the expected 170k. U.S jobs market is still very resilient despite higher rates & a 'weakening' economy. The Fed is not expected to hike rates this month, but Nov & Dec looking more certain. Unemployment at 3.8%
cnbc.com/2023/09/01/job…

🎇 #NovoNordisk overtakes #LVMH as Europe's most valuable company by market cap (!!!)

$421bn valuation.

Talking #airline sector on CNBC International Squawk Box Europe with Steve Sedgwick Arabile Gumede Tuesday 07:30 UK time.

The importance of BRICS will depend on whether their sphere of influence grows and that could mean more members must be brought in, but is that in all of their interests? Should there be increased trade? #BRICS Summit #BRICS #BRICS za

On today's show with Frank Holland:

Markets: Mary Ann Bartels
Activision/Microsoft: Sarah Cardell
Web Demand: Avishai Abrahami
Retail: Michael Lasser
Travel: Anna Scozzafava
Trading: John Stoltzfus

Reporting: Arjun Kharpal, Silvana Henao, Arabile Gumede, and Steve Kovach

See you at 5am ET on…

'...the SARB cannot conclude that there was any contravention of the Exchange Control Regulations...'

The South African Reserve Bank (SARB) has concluded its investigation and report into the Phala Phala matter. To read the press release on findings, click here: bit.ly/3YK5qSJ

Welcome to the West Ends of London, brother.
About to be a massive couple of weeks! Kooks

Whoever Thames Their Fears
Grows Through What Chelsea
🙏🏾🕊

We did it 🙌🏾

📍Uhuru Peak, Mt. Kilimanjaro. Africa’s Highest Peak.

📆 9 August 2023

⏰ 10:32

Trek4Mandela Annual Expedition Kaya 959 South32 #Caringforgirls

Graeme College scholar Bathobele Hlekani, 18, had an outstanding Craven Week for Eastern this year. That then saw the giant flanker earn the award of player of the week while also forming part of the SA Schools squad. Yoza Qoshe has more.

Watch: tinyurl.com/mv3k38ra

The Devil is in the Detail

Pep Guardiola is wearing a Richard Mille RM67-02.
But this specifc watch is so rare and unique that the dials have been made in the colours of the UAE flag. It is alledged to have been gifted to the Man City manager by club owner Sheikh Mansour for winning the Treble.

Berkshire Hathaway reports its highest ever operating profit and swings to a $40bn net income on the back of rising interest rates and increasing valuations. Near $26bn in unrealised gains due to Apple's surge in Q2 and YTD.
Catch it all on: cnbc.com/2023/08/05/ber…

This is exactly how I made it to Friday!!!!! yho!!