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China’s Trade Scope, German Factories, Israel Rates: Eco Day
China’s Trade Scope, German Factories, Israel Rates: Eco Day
07 Oct 2019, 03:00 PM IST
(Bloomberg) --
(Bloomberg) --
Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your week started:
- Chinese officials are signaling they’re reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce
- German factory orders declined further in August, aggravating an industrial slump that has pushed Europe’s largest economy to the brink of recession
- As the Brexit clock ticks down, here’s how the Bank of England is getting ready
- The Bank of Israel is widely expected to hold its benchmark rate at 0.25% on Monday, leaving official borrowing costs just above their all-time low
- How much lower can India’s central bank drive interest rates after five back-to-back cuts? By as much as 65 basis points, say some economists
- Federal Reserve Bank of Kansas City President Esther George dissented against rate cuts at the past two policy meetings, but says she’d be prepared to support a further reduction if she sees evidence of sharply slowing growth
- Eric Rosengren of the Boston Fed isn’t jumping on the interest-rate-cutting bandwagon just yet
- Finally, here’s our preview of the world economy this week
To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net
To contact the editor responsible for this story: Fergal O'Brien at fobrien@bloomberg.net
©2019 Bloomberg L.P.
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