Carney's Rapport, Trade War Numbers, Asia's New Wealthy: Eco Day

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

• With investors firmly penciling a Bank of England interest-rate increase next month, Mark Carney’s communication is back under the microscope
• Ukraine is set to leave borrowing costs unchanged for a third meeting as uncertainty over its bailout trumps a slowdown in inflation
• Trade tensions are increasing, but forecasters remain divided on the seriousness of the consequences. We run the numbers
• The Bank of Korea left its key interest rate unchanged at 1.5 percent amid a sharp rise in global trade tensions and slowing jobs growth
• Japan is a long way from dialing back its aggressive monetary easing, says an economic adviser to the government
• In the Philippines, where a fifth of the country lives beneath the poverty line, locals have a new obsession: fine art

To contact the reporter on this story: Enda Curran in Hong Kong at ecurran8@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Chris Bourke

©2018 Bloomberg L.P.