SQUAWK BOX, THURSDAY 1ST APRIL, 2021

U.S. President Joe Biden unveils his massive $2tn infrastructure programme, which promises millions of jobs as part of a “once in a generation investment”. However, he’s immediately facing resistance over the tax hikes required to foot the bill. As March closes, U.S. equities have marked out their fourth consecutive positive quarter. Meanwhile, China’s post-virus recovery seems to stutter with the Caixin PMI index falling to its lowest level for almost a year. OPEC and its allies lower their demand forecast ahead of a key meeting today, while the CEO of Saudi Aramco tells CNBC he's confident of meeting dividend payout expectations. And in France, President Macron finally imposes a strict third national lockdown in a bid to halt spiraling Covid-19 cases and increasing hospitalisations.