Uncertainty looms in the U.S.

Squawk Box Europe Express

U.S. employment data sends mixed signals as global equities tread water ahead of a crucial nonfarm jobs report. Markets are split between a 25 and 50 basis point cut at the Fed’s next meeting - Nobel Laureate Joseph Stiglitz tells CNBC that he is voting bigger. OPEC-plus producers delay plans to ramp up oil production by at least two months, as crude prices slump to their lowest level this year. Elsewhere, President Macron appoints veteran conservative Michel Barnier as France’s new Prime Minister after a nearly 60-day stalemate. Volvo CEO Jim Rowan tells CNBC that the EV transition is taking longer than expected, as the carmaker scraps plans to go fully electric by 2030.

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