Currency Truce, Brexit Accident, BOJ Pressure: Eco Day

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

  • U.S. Treasury Secretary Steven Mnuchin hammered home in a press conference that America’s longstanding commitment to a strong greenback remains intact
  • Risks increase. Trade tensions threaten global growth as the engines of leading economies fall out of sync, the world’s top finance chiefs warn
  • Show some creativity. U.K. Foreign Secretary Jeremy Hunt heads to Berlin on Monday to warn that the EU needs to do its part to avoid Britain leaving without a divorce deal
  • Stand at ease. The People’s Bank of China made the biggest single injection of Medium-term Lending Facility funds, in a move analysts described as evidence of a shift to monetary easing
  • Tread gently. Market reaction to news reports that the Bank of Japan is considering tweaking its monetary policy underscores just how delicate the central bank must move
  • Adverse effects. China’s deleveraging threatens South Korea’s mainland-dependent economy, the central bank in Seoul warned

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