News Highlights: Top Global Markets News of the Day
Trump Agrees to Meet North Korean Leader Kim Jong Un
President Donald Trump has accepted an invitation to meet Kim Jong Un, the White House said, in what would be the first meeting between a sitting U.S. president and a North Korean leader.
Slow Fed Balance Sheet Unwind May Be Destabilizing Markets, Fed's George Says
Kansas City Fed Chief Esther George warned the languid pace of the central bank's balance sheet shrinkage effort may be causing negative effects on financial markets, in remarks that again called for continued rate rises.
Bank of Canada Warns Trade Disputes Can Have 'Serious Consequences'
The possibility of U.S. tariffs on steel and aluminum and growing protectionist rhetoric could have serious consequences, Bank of Canada deputy governor Timothy Lane said.
Trump Signs Metals Tariffs Sparing Some Allies
President Donald Trump is set to sign proclamations imposing steep tariffs on steel and aluminum but granting the administration flexibility on the levels and the ability to spare critical U.S. allies.
Five Things to Know About Trump's Steel and Aluminum Tariff Plan
President Donald Trump is planning to make an announcement Thursday afternoon about his long-awaited global steel and aluminum tariffs, which he says are needed to protect American national security.
U.S. Asks China for Plan to Reduce Trade Deficit by $100 Billion
Trump administration officials made the request to Liu He, the main architect of China's economic policy, last week, according to people familiar with the matter.
Pacific Trade Pact Sets Sail Without the U.S. on Board
Japan, Canada, Mexico and eight other Pacific nations signed a new version of the Trans-Pacific Partnership that aims to put pressure on China's economy and leave the door open for the U.S. to eventually rejoin.
Mortgage Rates at a Four-Year High Threaten to Roil Housing
The increase is a new challenge for a housing market that has been central to the recovery but remains sensitive to even modest headwinds.
After Nine Years, How Long Can This Bull Live?
Living for so long with the bull market, it's easy to buy into the idea that the only things that can halt it are a recession or the Federal Reserve.
U.S. Household Net Worth Pushes Further Into Record Territory
Americans' wealth hit nearly $100 trillion in the final quarter of last year, thanks to rising stock markets and property prices.
(END) Dow Jones Newswires
March 08, 2018 21:15 ET (02:15 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.