ECB Watches Italy, German Factories, China Doubt: Eco Day
(Bloomberg) -- Good morning Americas. Here’s news from Bloomberg Economics to round off your week.
- European Central Bank Vice President Vitor Constancio said policy makers are watching widening Italian bond spreads as populist parties inch closer to forming a government.
- Meanwhile, Stephanie Flanders suggests Italy’s new populist leadership could do with some lessons on debt
- A report Friday showed the backlog of work that factories in Germany have accumulated is enough to keep them humming for more than five months, longer still for producers of basic and intermediate goods
- The synchronized global upswing may be out of sync, according to Bloomberg Opinion’s Daniel Moss
- Millions of Britons are trapped in low pay, according to a U.K. think tank
- China has cast doubt on reports that it had offered to reduce its annual trade surplus with the U.S. by $200 billion through increased imports of American products
- The likely next head of Finland’s central bank said “the jury is still out” on whether the euro-area economy will rebound from its recent soft patch
- Finally, here’s our weekly wrap of what’s going on in the world economy
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