ECB Post, China's U.S. Treasuries, Central Bank Watch: Eco Day

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

• Ireland’s central bank deputy governor looks to be in good position to get the ECB’s post as top bank supervisor
• Trumpspeak. President Trump is doubling down on his criticism of the Fed, calling their interest-rate increases his “biggest threat”
• Change in plans. IMF chief Christine Lagarde is scrapping a scheduled trip to Saudi Arabia amid the disappearance of a Saudi journalist
• Yet tighter. The U.S. labor market is still heating up, with job openings rising to a fresh record in August
• On notice. The White House has submitted formal notifications to Congress of trade talks with the European Union, Japan, and the U.K.
• Trimming back. China continues to cut its U.S. Treasuries holdings
• Price hikes. Inflation is starting to really bite Russian consumers’ purchasing power
• Central bank watch. The Bank of Korea’s policy decision is getting more complicated, while the Reserve Bank of Australia sits tight and says unemployment might have to drop below 5% in order to spur wages

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, Ashutosh Joshi

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