Italy's Trimming Pledge, Americans Sour, French Quiet: Eco Day

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

• Italy’s government is penciling in a further trimming of its deficit for its latest proposal to the European Union, Ansa news agency reported
• Feeling down. A fresh poll shows Americans souring on the economic outlook for 2019
• French calm. Emmanuel Macron may have successfully quelled the “Yellow Vest” protesters with his costly economic promises, as streets grow quieter in France
• Australia is poised for its first budget surplus since the financial crisis, while Mexico’s president says he’ll keep up a primary surplus next year even amid higher spending on social programs and infrastructure
• Great debates. Here’s where bulls and bears stand on some of the major themes in the world economy next year
• Long wait. Analysts are looking past 2019 for potential Bank of Japan tightening, seeing policy makers wait until after the implementation of a planned sales tax
• Lunchtime read. China built a global economy over four decades -- now it has a new plan

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, Chris Bourke

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