Johnson’s Gamble, BOJ’s Climate Moves, China Exports: Eco Day

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

  • Boris Johnson’s gamble on reopening has some fearing a resurgence of the virus and a dent to the economic recovery
  • The European Central Bank might move to ensure later this year that lenders avoid paying excessive dividends, a top official said
  • Deadly protests in South Africa are hurting the currency and threatening economic recovery
  • The Bank of Japan is expected to unveil further details on its climate change policy later this week, while standing pat on its main tools
  • China’s export growth unexpectedly accelerated last month, which Bloomberg Economics sees denting a doomsday view of economic growth there
  • The Reserve Bank of New Zealand could signal a policy tightening timeline at the close of its meeting Wednesday, amid signs of economic overheating
  • India should cast aside budget concerns amid further virus support needs, an adviser to the prime minister says

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