The Traderszone Network

Squawk Box Live is tracking news that Barclays is close to naming a new CEO, and watching markets after a tumble in Chinese imports.

Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads of U.S. equity capital markets focused on block trading, a corner of the trading business where razor-thin margins can quickly turn to big losses when markets sour, according to people close to the matter. Citi plunged in the rankings for that part of the market during the third quarter to number eight, according to data provider Ipreo.

BEIJING/SHANGHAI (Reuters) – China’s exports fell less than expected in September, with monthly figures even showing signs of a mild recovery over the summer, but a hefty drop in imports may keep pressure on policymakers to do more to stave off a sharper economic slowdown. Highlighting persistent weakness in demand at home and abroad, China’s combined exports and imports fell 8.1 percent in the first nine months of the year from the same period in 2014, well below the full-year official target of 6 percent growth.

Weak China trade data prompted investors to buy the safety of the Japanese currency.
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Interactive Data Corp., a provider of financial data that was the recent focus of takeover interest by several firms, filed for an initial public offering.

The latest in our series of previews looks at the UK inflation data for Sept all due at 08.30 GMT today
Here’s what the market is expecting:
the ONS cited lower oil prices pushing down on motor and heating fuel, while clothes prices are rising less than a year ago

Oil prices rebound slightly on the heels of a big selloff, but gains are mostly linked to bargain hunting as investors wait for more inventory data this week.
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