Oil Spigot Loosens, Chinese Rate-Cut Calls, China Opens: 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:
- Much of Europe’s -- and the world’s -- leaders were in Paris over the weekend to commemorate the centennial anniversary of the end of World War I, with French President Emmanuel Macron issuing warnings on the rise of nationalism and other nations bickering over where they stand on the global order
- Bear relief. OPEC and allies are ready to cut oil supply into next year as the commodity enters a bear market
- Rate watch. Calls are growing for an interest-rate cut from Chinese central bankers as the economic growth risks rise
- Copycat hopefuls. The Fed is looking for reasons to be optimistic about avoiding recession from Australia’s record run of economic growth
- Quick(Take) read. Here’s a catch-up on how that financial-sector opening is going in China; meanwhile, Wall Street is just salivating over the $45 trillion prospects
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