Global Economy Week Ahead: U.S. and U.K. GDP; Policy Decision From the ECB
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In the week ahead, we will see early readings on third-quarter gross domestic product in the U.S. and the U.K., as well as monetary policy decisions from the eurozone and Brazilian central banks.
Post-Election Japan Leads Gains in Global Markets
Japanese equities led broad strength across Asia-Pacific markets, with a landslide election victory for Japan's ruling party sending the Nikkei on course to a record 15th-straight session of gains.
China Home-Prices Growth Continues to Decelerate in September
Home-price growth in China decelerated in September, deepening the gradual slowdown in the property market. Average price of new homes in 70 cities rose 0.2% in September from August, excluding government-subsidized housing.
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Trump Optimistic on Reaching Tax Plan by Year-End
President Donald Trump said Sunday that he was optimistic Congress would pass a tax plan he could sign by year's end that reduces the corporate rate while providing tax relief for the middle class.
How the Tax Plan Would Impact Financial Markets
Analysts have a warning for investors betting a tax overhaul will boost financial markets: don't get your hopes up.
Europe's Chances for a Wage Boom Look Slim
European Central Bank officials are watching wage growth as they plot a gradual retreat from easy money policies to boost the regional economy. But the pickup they're looking for as a signal that Europe is returning to full health might not materialize.
ECB Taper to Have Ripples From Switzerland to Ivory Coast
The ECB is expected to begin unwinding its extraordinary monetary stimulus on Thursday. That could have a knock-on effect on markets in the countries whose monetary policy is most closely linked to the ECB.
Trump Plan for Coal, Nuclear Power Draws Fire From Environmental, Oil Groups
A Trump administration proposal aimed at shoring up coal-fired and nuclear power plants has generated opposition from groups often at odds, including environmentalists, the oil and gas industry and some utilities.
Global Investors Chase Safety, Yield in U.S. Bonds
While the U.S. economy has yet to return to rates of growth seen before the financial crisis, the U.S. bond market has been a magnet for global savings.
What Will the Next Fed Chief Do About Stocks?
With the Federal Reserve likely to be under new leadership next year, investors are asking how the central bank will approach the economy. They should also be asking how the Fed will deal with asset prices.
(END) Dow Jones Newswires
October 22, 2017 23:15 ET (03:15 GMT)