Revolt on Brexit, China Trade Plans, 'Quad' Pushes Back: Eco Day

(Bloomberg) -- Welcome to Thursday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

  • Brexit negotiations are limping on as Prime Minister Theresa May fights to stem a growing revolt within her own party
  • Concession plans. China is said to be outlining some terms for agreement ahead of expected talks with the U.S. at the upcoming G20 gathering
  • Not so fast. Federal Reserve chief Jerome Powell says the strong American economy still faces a few headwinds, which will influence the pace of interest-rate hikes
  • Counterweight. Senior officials from Australia, India, Japan and the U.S. -- a set of countries known as “the Quad” meant to be a pushback on China -- were set to meet Thursday in Singapore amid unease around China’s economic and military power
  • Central bank watch. The Philippines and Indonesia have interest-rate decisions today, and here’s what yesterday’s hold by the Bank of Thailand means
  • Collateral damage. The euro took a 12 percent hit against the dollar from bond-buying by the European Central Bank, a fresh study found
  • Cash crunch. China’s debt pile-up ranks high among the risks for markets and economies around the world in 2019

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