China's Yuan, Russia's Past, Brazil Uncertainty: Eco Day

(Bloomberg) -- Welcome to Wednesday, Europe. Here’s news from Bloomberg Economics to help get your day started:

  • The slump in China’s yuan is stoking fears policy makers are less willing to temper its decline as growth slows and the U.S. trade fight worsens
  • Now on, now off. President Trump signaled he may take a less confrontational path toward curbing Chinese investments in sensitive technologies. Meantime, the pressure on Trump’s trade moves is mounting
  • Bright spot? Russia is a country with an unpredictable past, according to a local saying, and a recent change in some of its economic data rather proves it
  • Cutting through the noise. A new paper from ECB forum says price components remain ‘quiescent’
  • Outlook shrouded. Growing uncertainty on Brazil’s economic recovery and inflation prevented the central bank from providing guidance on its next interest rate move
  • Side effects. Bank of Japan Deputy Governor Masayoshi Amamiya is paying close attention to the downside of stimulus after five years of aggressive monetary policy

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