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.
Global Stocks Patchy but Bitcoin Jumps Again
Buying built into some Asian stock markets Monday morning, notably in Hong Kong and Shenzhen, while investors were also watching the start of trading in bitcoin futures.
China November Fiscal Spending Declines
China's fiscal spending declined 9.1% in November from a year ago, widening from October's 8% drop, as the government had frontloaded much of its expenditure earlier this year, the Ministry of Finance said on Monday.
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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.
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 Climb in First Day of Trade
Trade in the first bitcoin futures sparked a swift run-up in the price of the digital currency, while the exchange provider's website experienced outages from heavy traffic.
Adrian Orr to Be New RBNZ Governor
The government announced that the current head of New Zealand's sovereign-wealth fund, Adrian Orr, has been selected to lead the country's central bank.
Electric-Vehicle Bulls Shake Up Metals Markets
Investors are scooping up a wide range of metals and mining stocks, betting that electric vehicles will transform commodity markets. Some, though, wonder how the rally might end.
Senate Bill's Marginal Tax Rates Could Top 100% for Some
Some high-income business owners could face marginal tax rates exceeding 100% under the Senate's tax bill, which lawmakers rushing to write the final measure are working to prevent.
(END) Dow Jones Newswires
December 11, 2017 01:15 ET (06:15 GMT)