Global Economy Week Ahead: China Inflation, Europe Retail Sales, U.S. Sentiment
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The week ahead features readings on inflation from China, retail sales from Europe and consumer sentiment from the U.S., as well as speeches by top Federal Reserve officials.
Global Markets: Japanese Stocks Outperform
Global stock markets lacked direction to start the week despite record gains on Wall Street, with Japan's Nikkei outperforming as the yen was weaker.
Trump Presses Japan for Bilateral Trade Deal
President Donald Trump increased pressure on Japan for a bilateral trade deal, saying the country has been "winning" for decades and suggesting that negotiations have drawn on for longer than he would like.
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BOJ Minutes Show Majority See Current Policy Working Well
Minutes of the Bank of Japan's September meeting show that most board members still see the current easing program working sufficiently well to hit the bank's 2% inflation target.
BOJ's Kuroda Pledges to Stick to Current Easing Path
Bank of Japan Gov. Haruhiko Kuroda said Monday that price movements in Japan are still weak despite recent economic improvements, pledging to persistently continue powerful easing under the current framework.
Dudley Was Key to Fed's Crisis Response
New York Fed President William Dudley will leave his post next year having played a central role helping the central bank respond to the financial crisis, while drawing fire for not doing more to prevent another one.
New York Fed President Dudley to Announce Early Retirement
Federal Reserve Bank of New York President William Dudley is set to announce he will retire next year, around six months earlier than scheduled, and the announcement could come as soon as Monday.
U.S. Probes Three Banks for Roles in Selling Mozambique Debt
The Justice Department and the FBI are investigating BNP Paribas, Credit Suisse and VTB for their roles in selling about $2 billion of debt for Mozambique, people familiar with the matter said, opening a new phase in the global inquiry into the debt deals.
SEC Questions Miami Firm About Guggenheim Ties
U.S. securities regulators recently asked a Miami wealth manager about its ties to both Guggenheim Partners and a company that purchased an oceanfront home with Guggenheim CEO Mark Walter, according to people familiar with the matter.
Why Companies Are Betting Big on Growth
Investors are rewarding companies that are investing to boost growth, and with ample cash available, the trend of strong business investment should persist.
(END) Dow Jones Newswires
November 05, 2017 23:15 ET (04:15 GMT)