Global Economy Week Ahead: U.K. Inflation; Fed, ECB and Bank of Mexico Rate Decisions
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This week, central banks around the world will make their final monetary policy decisions of 2017, while a round of economic readings could help shape their outlooks going into 2018.
Theresa May's Brexit Triumph May Prove Short-Lived
The British prime minister struck a landmark deal to conclude the first phase of Brexit talks, but the question of how to avoid a hard Irish border may need to be further clarified before an agreement with the EU on a full divorce deal.
The New Face of Treasury Auctions
During the financial crisis, the borrowing needs of the U.S. more than tripled, and foreign investors and Wall Street banks bought most of the debt at government bond auctions. But recent years have seen a shift in who is buying Treasurys.
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EU Officials Warn of Risk to Global Trade
European Union officials said the U.S. is threatening to cripple global commerce by undermining the World Trade Organization, ahead of a gathering of officials from 164 countries on Sunday in Buenos Aires.
U.S. Bitcoin Futures Start Trading
Trade in the first bitcoin futures sparked a swift run-up in the price of the digital currency as the exchange provider's website experienced outages from heavy traffic.
Robust Job Growth Puts U.S. on Firmest Footing in a Decade
The U.S. economy is hitting milestones not seen in more than a decade, marked by robust hiring that has led to low unemployment and a sustained pickup in output.
U.K., EU Reach an Agreement on Brexit Divorce Terms
The U.K. and the European Union reached an agreement Friday on Brexit divorce terms after six months of tense talks, opening the way for negotiations to advance on a trade deal.
Big Oil Backs Away From a Former Industry Darling
Angola was once a magnet for the world's biggest oil companies, drawing billions of dollars in investment from BP, Exxon Mobil and others. Now, foreign companies have all but given up on new ventures there.
France Widens Acceptance of Blockchain
France will allow wider use of the record-keeping technology behind bitcoin when issuing and trading traditional securities, part of a growing number of experiments to speed up trading by decentralizing it.
U.S. Consumer Sentiment Fell Again in December
A key measure of U.S. consumer sentiment slid in December for the second straight month, but continued to signal solid household confidence to close out 2017.
(END) Dow Jones Newswires
December 10, 2017 21:15 ET (02:15 GMT)