US, China Intensify Trade Competition on APEC Stage

US, China Intensify Trade Competition on APEC Stage

Wall Street Journal  – ‎4 hours ago‎
MANILA—President Barack Obama and President Xi Jinping laid out competing visions for trade in Asia Wednesday, showing how the U.S.

US futures rise ahead of Fed minutes

CNBC  – ‎3 hours ago‎
Dallas Fed President Rob Kaplan speaks at noon on the economy and Fed policy, and former Fed Chairman Ben Bernanke will be at the Economic Club of New York at noon.

Fed officials again flag December; see smooth rates liftoff

Reuters  – ‎40 minutes ago‎
Cleveland Fed President Loretta Mester repeated her position that the U.S. economy is now strong enough to absorb a modest policy tightening.

Fed’s Lacker: Economic impact of attacks transitory

CNBC  – ‎1 hour ago‎
Some lawmakers want legislation to audit the Federal Reserve, but such a move would break down the important “insulation of short-term political dynamics” needed to craft effective monetary policy, Richmond Fed President Jeffrey Lacker said Wednesday.

Apple, energy stocks lead gains; Fed minutes awaited

Reuters  – ‎1 hour ago‎
“These external factors are going to keep the market on the edge, in spite of what theFed may or may not indicate.” The minutes of the Fed’s meeting, due at 2:00 p.m. ET (1900 GMT), will give investors clues on the central bank’s reading of the economy.

Fed may send a big message to markets

CNBC  – ‎16 hours ago‎
Caron said the Fed could explain in its 2 p.m. EST release that the environment has changed since September, when it surprised markets and held off hiking rates due to concerns about financial markets and overseas conditions.

China’s Xi Urges New Free-Trade Pact at APEC

Wall Street Journal  – ‎10 hours ago‎
MANILA—Citing a slow global economic recovery, Chinese President Xi Jinping called on Asia-Pacific leaders to align their development plans and advance a trade pact favored by Beijing. The China-backed pact, called the Free Trade Area of the Asia …

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