As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Japan Posts 7.7% Growth in Machinery Orders 
What central banks are doing to safeguard financial stability and why they must proceed with caution 
The idea that US interest rates will stay higher for longer is probably wrong 
EU enlargement: What does the future hold? 
What if the Reserve Bank itself has been feeding inflation? An economist explains 
New EU trade rules could put poor countries in a billion dollar ‘green squeeze’ 
Why Africa can be the beating heart of South Korea’s technology industry 
Uganda’s tax system isn’t bringing in enough revenue but is targeting small business the answer? 
Impact investing in Paris suburban ‘banlieue’ neighbourhoods 
Compared to last week, this week is less risk heavy due to lack of high profile events or data. However, there are few events and releases this week, which could add some serious volatility in the market.
What to watch for over the coming days:
- Central banks:
Not many central bankers are scheduled to make news this week, except for the Federal Reserve, which is set to release its November meeting minutes on Wednesday. Recent commentaries from Fed Chair Janet Yellen on last Thursday before Senate Joint Economic committee and a speech by New York Fed President Bill Dudley indicate increased possibility of a rate hike in December. The market is pricing a 100 percent chance of a rate hike in December. So the most important point to look at the minutes – Why 2 policy makers voted to hike rates at November meeting, compared to 3 in September and any hints on the future path of interest rates, beyond the December meeting.
- UK Autumn statement:
The UK’s chancellor of Exchequer Phillip Hammond will deliver the highly anticipated autumn budget statement, where the government is expected to announce some form of fiscal stimulus in response to the referendum vote in June, on Wednesday. Expect heavy volatility in pound based pairs and all other UK assets like Gilts and FTSE stocks.
