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Trade Battle Heat, Brexit Banks, Central Bank Puzzles: Eco Day
Trade Battle Heat, Brexit Banks, Central Bank Puzzles: Eco Day
02 Jul 2018, 03:08 PM IST
(Bloomberg) -- Happy Monday, Europe. Here’s news and analysis from Bloomberg Economics to help get your day started:
- The trade war winner will be the one who loses least, and global automakers operating in China are feeling whiplash amid the trade spats; meanwhile, South Korean exports dipped and another sentiment indicator turned down in China on the tensions
- Office space. Luxembourg is dealing with the strains of more banks wanting to set up shop for the Brexit era
- Better trade news. The 16-nation Regional Comprehensive Economic Partnership is closer to notching a monster trade pact this year after weekend meetings in Tokyo
- Slippery market. Trump is getting increasingly involved in an oil-price puzzle that has the Saudis flummoxed
- Duterte economy. Two years into a six-year term, and the Philippine president is looking at a mixed record
- Russia slump. The former Soviet republics are all enjoying stronger currencies than the ruble, a first in half a decade
- Getting a move on. Bank Indonesia’s latest surprise move shows how much it’s prioritizing currency stability over economic growth
- Monetary juggling. Risks are mounting in Australia, where the central bank has been holding close to a long pause in interest rates; meanwhile, Sweden has a different basket of problems with tightening plans
To contact the reporter on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Karthikeyan Sundaram, Tuhin Kar
©2018 Bloomberg L.P.
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