Global Economy Week Ahead: Eurozone and U.S. Unemployment, India Rate Decision
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This week's economic calendar features two unemployment readings that will be closely watched as central bankers in Europe and the U.S. aim to raise interest rates and shrink balance sheets even as they puzzle over weak inflation readings.
Stock Markets Start the Week on a High Note
Asian-Pacific equities were mostly higher Monday, benefiting from broadly upbeat sentiment and gains in the U.S. dollar, though several major markets in the region were shut for holidays.
China's Central Bank Announces Targeted Easing to Boost Small-Business Loans
China's central bank announced it will free up funds for banks that boost lending to small businesses, in a targeted measure to balance support for the economy without aggravating already high corporate debt.
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Japan's Business Confidence Surges Ahead of Election
Business confidence is riding a 10-year high in Japan as the economy enjoys its longest stretch of growth in more than a decade, a central bank survey showed.
Trump Aides Defend GOP Tax Plan
Administration officials pushed back against criticism that the emerging Republican tax plan would provide its biggest benefits to the wealthy.
Buyout Firms Drive European Deal Spree
Buyout firms showcased their deal-making prowess in the third quarter in Europe, a potential sign of bigger acquisitions to come from the cash-rich group.
The Link Between Economic Growth and Tax Cuts Is Tenuous
The Trump administration and Republicans say their plan for tax overhaul will spur economic growth. But history suggests that outcome isn't assured.
J.P. Morgan's Record High Crowns Bank-Stock Rebound
After dropping about 5% between early August and early September, J.P. Morgan Chase & Co. bounced back by nearly 8%.
Hedge Funds: Not Dead Yet
Hedge funds, written off less than a year ago as overpriced and underperforming, this year are unexpectedly making money and taking in new cash.
Inflation Hopes Spur Bond Yield Gain
The yield on the benchmark 10-year U.S. Treasury posted its first quarterly gain of the year, buoyed by hopes of an increase in inflation.
(END) Dow Jones Newswires
October 02, 2017 03:15 ET (07:15 GMT)