Britain's Troubles, Fed to Signal Taper, BOJ on Hold: Eco Day.

Not much - and there are plenty of candidates to deliver the blow Veteran Fed watcher Mickey Levy says investor worry over an eventual pullback from bond purchases is overdone The Bank of Japan held its key stimulus tools in place while flagging Covid-linked pressures on the economy ahead of a key ruling party election that is almost certain to determine the country's next prime minister China's virus restrictions have disrupted another holiday spending period, worsening the growth outlook for the world's second-largest economy, which was already facing a slump in consumption Australia's new Indo-Pacific security partnership with the U.S. and U.K. that allows it to acquire nuclear-powered submarines drew a swift verbal retort for all three nations from China. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. [Extracted from the article]