U.S.-China Truce, Malaysia's High Five, Fed EM Fallout: Eco Day

(Bloomberg) -- Welcome to Monday, Asia. Here’s news from Bloomberg Economics to help get your week started:

  • The newly-declared economic truce between the U.S. and China will prove temporary if they fail to deliver on vague commitments to rebalance trade
  • A German industry leader says Europe should think twice before offering concessions to President Trump, while Tamara Henderson reckons Asean nations’ growth is likely to suffer from a narrower U.S. deficit
  • Malaysia’s 92-year-old Prime Minister Mahathir Mohamad has appointed a team of five “eminent” advisers to help him meet his 100-day campaign pledges
  • Abhishek Gupta notes that despite Indian interest rates rising across a wide spectrum of maturities, the RBI seems unconcerned, even as its hawkish bias adds fuel to the fire. Tom Orlik ponders whether a breakout for U.S. rates could mean a breakdown for emerging markets
  • Bank of England chief Mark Carney is in the spotlight this week as he struggles with communication, particularly concerning financial markets. In London, a housing slump is deepening as Brexit clouds the outlook
  • In Moscow, President Vladimir Putin is sticking with economic officials who confronted the nation’s devastating 1998 debt default
  • Noah Smith argues resentment of “crazy-rich” Americans isn’t just envy

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