Malaysia Election Shock, EMs Under Fire, Japan Surplus: Eco Day

Subscribe to Bloomberg | Quint
The Daily Newsletter
News & Stock Alerts

(Bloomberg) -- Good Thursday morning, Europe. Here’s news from Bloomberg Economics to help get your day started:

  • Ex-PM Mahathir Mohamad scored a stunning victory in Malaysia’s election, defeating his former mentee, Prime Minister Najib Razak, and jolting markets as investors assess the economic outlook
  • Decisions, decisions. Here’s a look at tough monetary policy decisions looming for emerging markets over the next couple of weeks
  • India in focus. The South Asian giant is struggling with conflicting market actions to mitigate a global squeeze on emerging-market assets
  • On hold. New Zealand’s central bank left interest rates at a record low, as expected, as inflation remains subdued
  • Big money. Japan’s current-account surplus grew in March to its largest since 2007 thanks to companies bringing income home before the end of the fiscal year
  • Material change. Commodities strength has bolstered Australia’s budget outlook, which could deliver a fiscal surplus by 2020
  • Pricing peace. Denuclearizing North Korea could cost $2 trillion over a decade, Eurizon SLJ Capital Ltd. analysts project
  • Spook data. The Central Intelligence Agency is looking to team up with industry experts to run a series of open-source intelligence projects using its Amazon cloud

©2018 Bloomberg L.P.

Bloomberg
Stay Updated With OnWeb News On BloombergQuint
Subscribe to Bloomberg | Quint
The Daily Newsletter
News & Stock Alerts