Trade Scenarios, BOE Governor, Europe Recession Signs: Eco Day

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

• The U.S. and China will hold a pivotal round of talks this week in an attempt to end their trade war. Here are three scenarios for how it could play out
• The U.K. government is open to hiring another foreigner to lead the Bank of England after Canadian Mark Carney leaves next year, according to Chancellor Philip Hammond
• The European economy isn’t showing any signs of falling into a recession, ECB Governing Council member Klaas Knot said. In fact, the economy is “doing pretty well,” in his view
  • Europe’s economy is giving the optimists little to work with, and this week’s deluge of numbers won’t shift the needle in their favor
  • Germany’s economy may be slowing at the start of 2019, but it isn’t cratering, according to analysis by Bloomberg Economics
• China is feeling the pain though. In case you’re bewildered about the range of stimulus measures the government in Beijing has rolled out recently, here’s a chronological guide
• Monday’s data offered little respite. The profits of Chinese industrial companies fell for the second straight month as both factory inflation and economic growth slowed

To contact Bloomberg News staff for this story: Jeffrey Black in Hong Kong at jblack25@bloomberg.net

To contact the editors responsible for this story: Jeffrey Black at jblack25@bloomberg.net, Brett Miller

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