ECB Sees Dark Days, Trump Car-Tariff Probe, Doves Ready: Eco Day

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

  • European Central Bank member Francois Villeroy de Galhau says policy makers are taking souring economic data seriously -- and that interest-rate guidance could be revised if the weakness persists
  • President Donald Trump has received the findings of a probe into whether imported vehicles pose a national security threat, which could lead the U.S. to impose tariffs
  • Meantime, the U.S.-China trade talks in Beijing last week were “very productive,” Trump said, though a meeting soon of the negotiators in Washington offers a fresh test
  • The trade war appears to be weighing on Asia’s economic data, with Hong Kong’s growth halved in the fourth quarter and Singapore’s exports plunging in January for a third month
  • Electoral politics could interfere with a steady Thai economy that bounced back at the end of 2018, while Singapore rolls out what could be an election-year budget
  • Year of the Dove. It’ll be all eyes on central banks this week as the data continue to disappoint -- and we’ll see how far doves can spread their wings

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