Shutdown Hampers U.S. Data, ECB Outlook, BOE Succession: Eco Day

(Bloomberg) -- Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to send you into the weekend:

  • The U.S. shutdown has slowed the nation’s flow of economic data to a mere trickle, making life harder from everyone from Federal Reserve policy makers to farmers and foreign-exchange traders.
  • Here’s the state of play on the U.S.-China talks, and check in on the souring global trade data with our dashboard of key indicators. Meanwhile Bloomberg Economics’ Tom Orlik takes a look at what next week will bring.
  • The window for Mario Draghi to raise interest rates before he leaves office is about to slam shut, while two of the top contenders to replace him say they don’t know if the institution will be able to raise interest rates this year.
    • That comes as a report Friday showed German business sentiment fell to its weakest level in almost three years as trade uncertainties and waning growth in China amplified concerns over the economic outlook.
  • Speaking of succession, the U.K. government is open to hiring another foreigner to lead the Bank of England after Canadian Mark Carney leaves next year.
  • For now though, there are growing signs of Brexit stress in the U.K. Businesses are building up cash and stock reserves, retail woes are continuing, while a lack of progress on trade deals is worrying exporters.
  • Japanese officials tried to play down the impact of flawed economic data after a government probe found problems in around half of its key data sets.
  • Finally, here’s a look back at a tough week for the global economy.

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