SQUAWK BOX, MONDAY 7TH FEBRUARY, 2022

Chinese stocks kick off the Year of the Tiger on a high following a strong week on Wall Street, which saw the best performance from the S&P 500 so far this year. U.S. 10-year yields surged to their highest level in more than two years following a far better-than-expected January jobs report. Russia-Ukraine tensions continue to brew with Washington saying that Moscow has lined up to 70 per cent of the troops and hardware required for a full-scale invasion of its southern neighbour. German Chancellor Olaf Scholz has defended Germany’s NATO contribution on his way to meet with President Biden. Meanwhile, French President Emmanuel Macron has told newspaper Journal de Dimanche that he believes he can de-escalate the crisis during his visit to meet with President Putin in Moscow today. And in M&A news, shares of fitness equipment maker Peloton soar by more than 20 per cent on reported interest from Amazon and Nike.