Italy's Promises, Trade Dark Clouds, Japan Wage Pickup: Eco Day

(Bloomberg) -- Happy Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day and week started:

  • Italy’s promising small budget improvements as the finance minister meets with counterparts from the EU
  • Trade update. China’s economic outlook is getting more dark clouds as President Donald Trump is raising the stakes on tariffs from the U.S.; Bob Woodward’s reporting outlines two officials’ campaigns to moderate Trump’s trade strategy
  • Corporate persuasion. Trump’s push to get Apple and Ford to bring jobs home from China is unlikely to be successful
  • Bright spots. Long-elusive, Japanese wage inflation is finally coming into view for Governor Haruhiko Kuroda, and Japan can thank a business-spending pickup for lifting economic growth
  • Two-faced. China got a mixed picture from inflation reports Monday, with producer prices easing while consumer prices rose for a third month
  • More trouble. That inflation dip in India shouldn’t bring much comfort for tortured bond investors
  • No rocking the boat. China’s calling for measured “tweaks” to its monetary policy

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