China, Spain and Japan -- This Is What You Need to Know on Wednesday
European markets opened largely down ahead of the U.K.'s third quarter GDP reading
This is what you need to know on Wednesday:
1. European markets opened largely down ahead of the U.K.'s third quarter GDP reading
2. The Chinese Communist Party cemented Xi Jinping's position as President by failing to designate a clear potential successor
3. Spanish Prime Minister Mariano Rajoy said elections in Catalonia would be a "good move" as the country's constitutional crisis continues
4. Lloyds Banking Group beat expectations in the third quarter after reporting an 8% increase in total income
5. Japan's markets broke a 16-day winning streak, with the Nikkei down 0.5% and the Topix down 0.3%
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