Global Central Banks, Korea’s Surge, Virtual Christmas: Eco Day

Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

  • Central banks in Canada, the Eurozone, Japan and Australia are set to consider policy shifts. Bloomberg Economics surveys the scene
  • South Korea’s consumer confidence jumped the most since the global financial crisis in another upbeat sign for the economy
  • Online Christmas shopping may surpass store sales in Britain for the first time as the global pandemic continues to reshape retail
  • With Thai protests intensifying against the monarchy, Prime Minister Prayuth Chan-Ocha’s hold on power grows more tenuous by the day
  • President Donald Trump and his aides appeared resigned to waiting until after the election to get a coronavirus stimulus package
  • U.S. consumer confidence unexpectedly pulled back in October as Americans became more concerned about prospects for employment
  • The Bank of Canada has made a long-term commitment to keep interest rates low, and will use its policy decision to reinforce that
  • The world’s major shipping companies, riding an unprecedented wave of demand for everything from housewares to medicine, are finding the record for the largest container load hard to hold onto this year

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