The Week Ahead | 12/03/2018

Global Spotlight

A Dinner Deal to Start Dealing? In a few short hours here on Dec. 1, we’ll know whether a crowded dinner table in Buenos Aires, Argentina, featuring U.S. President Donald Trump and Chinese President Xi Jinping, will produce a broad framework for a compromise between the United States and China to pause their trade war while they continue talking more.

A Chilling Lesson on Auto Tariffs. The Europeans and Japanese are understandably getting antsy over White House rumors that Trump may try to impose auto tariffs in the near future, thereby breaking a pledge to hold off on tariffs while trade negotiations continue.

The USMCA Cautionary Tale. The incredibly awkward signing of the United States-Mexico-Canada Agreement (or the Canada-U.S.-Mexico Agreement, according to Ottawa) at the Group of 20 summit in Buenos Aires offers a cautionary tale.

Preparing for a Post-Merkel World. Germany’s governing Christian Democratic Union (CDU) will appoint a new leader to replace Angela Merkel at the end of a party conference on Dec. 7-8.

A Critical Decision on EU Exits. The European Court of Justice’s advocate general will issue his opinion on Dec. 4 as to whether the United Kingdom can unilaterally call off its exit from the European Union under Article 50 of the EU treaty, which makes it possible for member countries to leave the bloc.

OPEC’s Trumpian Dilemma. When OPEC and non-OPEC oil producers meet in Vienna on Dec. 6, their goal will be to arrest a two-month drop in oil prices.

Fresh Vigor in Yemen Talks. Rare momentum is building for an attempt at Yemeni peace talks in Sweden next week.

Economic Calendar

Here is a list of the U.S. economic events happening this week.


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