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Big Data Week, Fed Anticipation, Exports Bottom: Eco Day
Big Data Week, Fed Anticipation, Exports Bottom: Eco Day
29 Jul 2019, 12:54 PM IST
(Bloomberg) --
Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day and week started:
- Europe finds out this week just how bad the economy has gotten; Monday, U.K. Prime Minister enters Day One of his Brexit cabinet meetings, which will be held every day to ensure the country departs the union Oct. 31
- Big week. The world is on edge as the Federal Reserve prepares to respond this week to anticipation for an interest-rate cut; U.S. jobs day is Friday
- Better days. Asia’s export slump could be bottoming out, Goldman Sachs analysts reckon
- Weaker signs. Our early China indicators show the world’s No. 2 economy continued to weaken this month
- More dark clouds. India also is seeing sluggishness in its economy, with a June services slump and plunge in exports setting in
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
©2019 Bloomberg L.P.
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