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

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