Economists Overwhelmingly Expect Fed to Raise Interest Rates in December – Wall Street Journal (subscription) WSJ survey finds about 92% of economists surveyed see December liftoff.
Japan Falls Into Recession for Second Time Under ‘Abenomics’ – Bloomberg Japan’s economy contracted in the third quarter as business investment fell, confirming what many economists had predicted.
Big Step Forward for China’s SDR Inclusion – Profit & Loss IMF chief Christine Lagarde has given public support to an IMF staff paper that recommends China’s renminbi (RMB) is admitted to the IMF’s Special Drawing Rights (SDR) basket.
Carney’s Analysis on UK Bond Liquidity Threat Sought by Tyrie – Bloomberg Mark Carney and his officials must take a close look at the risks posed to the UK from a possible drought in bond-market liquidity and report back to Parliament.
LSE, SocGen, CME, UBS Among Big Names in Blockchain Trade Push – Financial News (subscription) Some of the world’s largest exchanges, banks and trading services firms have set up a cross-industry group to explore how blockchain technology could transform the way securities trades are cleared, settled and reported.