Global Economy Week Ahead: China Trade and Inflation, U.S. Productivity
Continue Reading Below
The week ahead features an influx of data from China, including foreign-exchange, inflation and trade numbers. In the U.S., the Labor Department will release second-quarter productivity figures and the July consumer-price index report.
Global Markets Start the Week Higher
Stocks started the week higher in Asia, building on last week's gains in the Americas and Europe after an upbeat U.S. employment report helped sentiment behind demand for goods from Asia.
The Infrastructure Rally Crumbles
Construction shares soared after the election on expectations of infrastructure stimulus, but many have drifted lower since then as confidence in the projects seems to be waning.
Continue Reading Below
Brexit Uncertainty Shadows Bank of England's Every Move
The failure of wages to rise despite dropping unemployment makes it hard for central banks to know when interest-rate increases might be needed to offset inflation. In the U.K., Brexit makes it an even harder call.
Republican Effort to Overturn Arbitration Rule at Risk
As the Senate approaches a vote to overturn a Consumer Financial Protection Bureau rule, some Republicans have expressed reservations.
Penalties Against Wall Street Are Down Sharply in 2017
Regulators levied far fewer fines over financial misconduct in the first half of 2017 compared with a year earlier. Reasons include a business-friendly shift under President Trump and the winding down of cases from the financial crisis.
Hot-Stock Rally Tests the Patience of a Choosy Lot: Value Investors
Value investing is mired in one of its worst stretches on record, prompting concerns that the investment style favored by generations of fund managers is losing its effectiveness.
Hedge Fund Sees Opportunity in Commodities
London-based Arion Investment Management in planning to launch its first commodities hedge fund to trade base and precious metals in October.
Strong Employment Data Add to Rosy View of Economy
The U.S. economy is hitting a sweet spot seldom seen in past expansions, posting in July a record 82nd straight month of job creation and an unemployment rate at a 16-year low, despite slow growth in output.
Dow Industrials Post 8th Record in a Row
Blue-chip stocks ended the week at a fresh record, buoyed by a jobs report that showed employers continued hiring at a healthy rate in July.
(END) Dow Jones Newswires
August 06, 2017 23:15 ET (03:15 GMT)