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

To contact the reporter on this story: Enda Curran in Hong Kong at ecurran8@bloomberg.net

To contact the editors responsible for this story: Malcolm Scott at mscott23@bloomberg.net, Karthikeyan Sundaram, Tuhin Kar

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