Economic events

• Trump's shake-up of the old world order sends shockwaves through Europe - The "Old World" appears to have fallen far behind other power blocs in a new world order of territorial takeovers and "might is right."
• Venezuela bonds are the hottest trade on Wall Street this week. But there are big risks from here - Investors are betting that a political transition along with a clearer path to asset recovery could unlock value that has been frozen for nearly a decade.
• Home prices are getting slightly more affordable, but down payments are still holding buyers back - Housing is getting more affordable thanks to lower prices and lower mortgage rates, but it still takes more time to save for a down payment than pre-pandemic.
• CNBC's Inside India newsletter: Why the India-U.S. trade deal remains elusive - Despite strong economic and strategic reasons, the absence of political will remains the biggest hurdle in closing of India-U.S. trade deal.
• November's inflation report is the first to be released after the shutdown. Here's what to expect - November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
• European markets head for soft open as sentiment falters - European stocks are expected to open broadly flat on Wednesday as investors gear up for central bank decisions.
• European markets set to open lower as traders look ahead to central bank action - European stocks are expected to open in lower territory on Tuesday, reversing gains seen at the start of the week.
• High cost of goods is causing consumers to spend less for the holidays, CNBC survey finds - The latest CNBC All-America Economic Survey found the "high cost of goods" has emerged as a major factor affecting how much shoppers spend and where they spend.
• UK economy unexpectedly shrunk before Budget - The U.K. economy unexpectedly contracted in the three months to October, according to official figures released Friday.
• Asia-Pacific markets trade higher after Wall Street notches fresh record - Asia-Pacific markets traded higher on Friday, tracking Wall Street gains.