SQUAWK BOX, WEDNESDAY 10TH FEBRUARY, 2021

In a two-speed recovery, the Chinese manufacturing rebound continues to strengthen with factory inflation up for the first time in a year but consumer prices sink into deflationary territory. In Washington, six GOP senators cross the aisle to vote with Democrats to proceed with the impeachment trial of former President Donald Trump over “inciting insurrection” in last month’s Capitol Hill violence. Twitter posts a beat on estimates, but user growth is down since CEO Jack Dorsey’s banning of Trump from the platform. In banking news, French lender Société Générale reports a Q4 net loss of €290m but confirms its dividend payment after lower-than-expected pandemic-related provision costs.