Stephen Sedgwick co-anchors CNBC's flagship program "Squawk Box Europe ." Sedgwick is also CNBC's OPEC reporter, covering major meetings and interviewing top OPEC oil ministers, non-OPEC ministers and heads of bodies such as the IEA and EIA.
Prior to joining CNBC, Sedgwick worked for the UK Press Association on the City desk and at Dow Jones on the European Markets desk. At Dow Jones, Stephen regularly broke market-moving stories and was a contributor to The Wall Street Journal Europe.
Before his career in journalism, Stephen spent 11 years trading in the financial markets, specialising in equity and bond market derivative products. In 1988, Stephen joined Dresdner Kleinwort Wasserstein (formerly Kleinwort Benson Securities) and worked as an equity option marketmaker before moving on to Credit Lyonnais where he became Head of the London option market-making team on Liffe.
Sedgwick studied politics at the University of London, with a focus on world economic development, IMF, World Bank and WTO; and journalism at the National Council for Training Journalists.
Equity markets have switched from fear to outright complacency in the space of one year and are ignoring the warning signs, according to SquawkBox Europe's guest host, Phillippe Gijsels, head of research at BNP Paribas Fortis Global Markets.
Markets generally remain way too optimistic over the economic recovery, but the UK has the potential for the biggest disappointment with the pound set to slide as low as $1.31 by year end, Hans Redeker, global head of foreign exchange at BNP Paribas, said Tuesday.
After a year and a half of corporate cost-cutting programs, which have scythed shareholder payouts, a growing number of companies are feeling confident enough to increase dividends and reinvigorate the income story.
Is it me or is there a high degree of hypocrisy in the way politicians and economists are reacting on a country-by-country basis to the dire fiscal positions of various European Union states?
To analyze the current turmoil in markets and with sovereign debt it may be best to turn to the famed entrepreneur and guru Willy Wonka (the Gene Wilder 1971 version).
The rise in Greek yields is a clear warning markets are in the mood to 'punish any country that takes creditors for granted. '
Russia is still one of the most enigmatic, complex and confusing countries on this planet. It is a country that ever since the break down of the Soviet Union in 1991 has been promising modernization, promising to invest in new technologies and promising to reduce its economic dependence on its vast natural resources.
Spain's presidency has as its bedrock the '2020 Strategy' plan. A plan to create jobs and to make Europe a 'smarter, greener social market'. But Spain itself has the worst jobs picture anywhere in the EU27.
Surely even the most hard-line of EU leaders are not blind to the fact that if Greece goes over the cliff then there will be other targets for the markets. Targets such as Portugal, Ireland, Spain and non-euro zone countries like the U.K.
Cutmore anchors CNBC’s flagship "Squawk Box" in EMEA; the three-hour show bookends the opening of European equity markets.
Based in London, Tso co-anchors CNBC flagship show in EMEA, Squawk Box, a show that sets the news agenda every trading day.
Sedgwick co-anchors CNBC's flagship program "Squawk Box" (Europe) and is also CNBC's OPEC reporter covering major meetings.