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China's Quiet Stimulus, How May Could Win a Brexit Deal: Eco Day

China's Quiet Stimulus, How May Could Win a Brexit Deal: Eco Day

(Bloomberg) -- Welcome to Thursday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

  • China has been quietly guiding interbank borrowing costs down without actually cutting official interest rates, with the latest move a record one-day injection of cash into the market
  • Meanwhile, the outlook for the world’s second-largest economy remains in laser focus, as questions over the global outlook multiply. Here’s our preview of Monday’s GDP report
  • U.K. Prime Minister Theresa May won the vote of confidence in her government. Now she needs to secure a Brexit deal -- here’s how she could get one
  • Indonesia’s central bank, one of Asia’s biggest interest-rate hikers last year, is widely expected to leave policy unchanged today -- is this the end of its tightening cycle?
  • The yen is likely to reach its strongest level in more than six years if Japan enters a recession, which could come as early as the fall of this year, says a former central bank official
  • The still-strong U.S. economy showed signs of slowing in recent weeks, though most regions continued to show modest to moderate growth, a Federal Reserve survey showed
  • Charts of the day: Global economic policy uncertainty surged to a record high at the end of 2018, and here’s why Singapore’s workers are enjoying more vacation time

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Tracy Withers

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