(Bloomberg) -- Welcome to Tuesday, Europe. Here’s news from Bloomberg Economics to help get your day started:
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- End of the beginning? Expectations for a Bank of England interest-rate increase on May 10 have gone full circle. The U.K. also has a new plan to kick-start Brexit talks as it targets Southeast Asia for trade
- Kicking the can: President Trump will delay imposing steel and aluminum tariffs on the European Union, Mexico and Canada for another month
- $488 billion? No problem. Steven Mnuchin said he’s unconcerned about the bond market’s ability to absorb rising government debt after Treasury said it borrowed a record amount for the first quarter
- 2019 in sight. With the calendar’s turn from April to May, the U.S. economic expansion has become the nation’s second-longest on record
- Australia left its key interest rate unchanged -- as it has since late 2016 -- amid a slowdown in hiring and receding Sydney property prices
- The timing of Easter means annual euro-area consumer prices probably rose just 1.3 percent in April, continuing to fall short of the ECB’s goal
- A decade after almost collapsing under the weight of its debt, Iceland has gone so far the other way its bond market is at risk
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