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U.K. Firms’ Cashflow, BOE Signal, U.S.-China Deal: Eco Day
U.K. Firms’ Cashflow, BOE Signal, U.S.-China Deal: Eco Day
05 Aug 2020, 01:47 PM IST
(Bloomberg) -- Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
- U.K. businesses are looking at dwindling cashflows as government support is wearing thin, while the Bank of England may signal on Thursday that the case for more monetary stimulus is growing
- The U.S. and China are planning to review their phase-one trade deal at mid-month as bilateral tensions grow
- San Francisco Fed President Mary Daly says the U.S. economy needs a longer bridge of support amid virus woes
- There’s a widening gap between corporates’ optimism in India and analysts’ gloom; ahead of a central bank decision Thursday, here’s a decision guide
- Virus worries are keeping shoppers away in consumer-reliant Philippines
- The unemployment rate in New Zealand unexpectedly fell during the economy’s lockdown
- Another month of improving business conditions across the Arab world’s three biggest economies isn’t translating into job gains just yet
Turkish inflation surprised with a bigger slowdown than anticipated, heading off the prospect of interest rates rising any time soon
©2020 Bloomberg L.P.
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