Draghi's Recycling, Russian Rates, South Korea Blues: Eco Day

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

  • What now? The European Central Bank’s next big agenda item is figuring out what it wants to achieve with its debt-recycling business
  • Economists haven’t been this united about a Russian interest-rate decision since last year
  • Donald Trump’s duties on Chinese imports could be the “nail in our coffin” for this firm that started in 1839 and survived wars and the Great Depression
  • The trade war is starting to bite. From demand at factories to company profits, protectionism is starting to show up in numbers
  • Consumer confidence in South Korea fell in July by the most in 20 months, largely due to escalating trade battles and growing worries about an economic downturn
  • Renewed talk that the Bank of Japan is poised to adjust monetary policy has jolted financial markets -- here’s what’s fueling the speculation

©2018 Bloomberg L.P.