NEW YORK (Reuters) - Wall Street rose modestly at the open on Monday, supported by inflation data from China, but gains were likely to be capped with a number of top Federal Reserve officials speaking throughout the day.
McDonald's, which last year got 32 percent of revenue from its U.S. locations, has been revamping its menu and trying to improve service to attract Americans amid fierce restaurant competition.
Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance to its limits on trading and investing.
Japan's economy grew less than previously thought in the July to September quarter. GDP grew by 0.3pc in the third quarter of the year, against an initial estimate of 0.5pc and lower than expectations of 0.4pc.
Macro Horizons covers the main macroeconomic and policy news events affecting foreign-exchange, fixed income and equity markets around the world, as selected by editors in New York, London and Hong Kong.