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Treasury's Verdict on China, Budget D-Day, Bali Wrap: Eco Day
Treasury's Verdict on China, Budget D-Day, Bali Wrap: Eco Day
15 Oct 2018, 07:25 PM IST
(Bloomberg) -- Happy Monday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day and week started:
(Bloomberg) -- Happy Monday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day and week started:
- The U.S. Treasury is poised to render a verdict on President Donald Trump’s claim that China is manipulating its currency as a trade war between the two nations intensifies and rattles markets
- China’s central bank chief said it’s considering a range of risks in its currency policy
- Trump threatens to impose another round of tariffs on China
- China says it didn’t want a trade war, but is ready to stage a defense
- Mexico’s ex-president advises that it holds its ground like Mexico and Canada
- It’s budget D-Day for Europe: Italy and other euro-area governments must submit their proposals to the EU commission by midnight tonight
- The revival of a long-established relationship between unemployment and inflation is proceeding -- ever so slowly, according to European Central Bank Governing Council member Olli Rehn
- Fellow Governing Council member Francois Villeroy de Galhau said that more clarity on the timing of the first interest-rate increase since 2011 will come by the summer of next year, but policymakers will keep their options open for a while longer yet
- Look to bond yields and not asset purchases for the first sign that the Bank of Japan is finally ready to start exiting its years-long monetary stimulus, Governor Haruhiko Kuroda said in an interview
- That’s a wrap on Bali: Here’s the latest on happenings over the weekend out of the IMF and World Bank meetings, where officials urged the U.S. and China to talk on trade, and some broader takeaways
- Bank Indonesia’s Perry Warjiyo told Bloomberg that clarity on the gradual pace of Federal Reserve rate hikes was a key takeaway from the Bali meetings
- Brexit talks are hitting a stalemate, with a November deadline in doubt
- Bank of England chief warns against using investment flows as a weapon in the global financial system
- Kazakhstan’s policy makers mull a range of moves on policy tightening beyond rate hikes
- Romania may have kept borrowing costs unchanged for five months, but that doesn’t mean it’s done with raising rates
To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net
To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Emma Haslett
©2018 Bloomberg L.P.
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