G-7 Fallout, Central Banks' Big Week, the Black Panther: Eco Day

(Bloomberg) -- Happy Monday, Europe. Here’s news and analysis from Bloomberg Economics to help get your day started:

  • The G-7 fallout continues after President Donald Trump broadsided his allies and disavowed a joint statement the U.S. had agreed to. Trump’s trade adviser blamed Canada for the failure to finalize a reboot of the North American Free Trade Agreement
  • The tensions come in what could be the world economy’s most important week of the year
  • In central banking, the Bank of England is about to get some crucial economic numbers to assess -- if it believes them
  • With the Federal Reserve expected to hike, analysts were unanimous in forecasting that the Bank of Japan will leave its monetary policy unchanged at this week’s meeting
  • Economists reckon Mario Draghi is ready to end the European Central Bank’s bond-buying program even if he puts off the decision for one more policy meeting
  • South Korea’s Kim Dong-yeon, the country’s finance minister and deputy prime minister, urged Trump and North Korean leader Kim Jong Un to heed the words of the Black Panther from this year’s hit movie
  • If you missed it, Switzerland dismissed a proposal to radically change the way banks lend money, a victory for the financial establishment

©2018 Bloomberg L.P.