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BOJ Keeps Buying, Draghi's Summer Relief, May's Mayhem: Eco Day

Trump's Truce, ECB's Exit Path, China Eases Bank Rule: Eco Day

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

  • The Bank of Japan offered to buy an unlimited amount of bonds for a second time this week, seeking to tame runaway yields
  • Earliest indicators for China’s economy showed the pace of expansion slowing this month, reinforcing policy makers’ decision to add stimulus as trade tensions accelerate
  • Mario Draghi can probably breathe a sigh of relief and enjoy his summer vacation -- that’s not likely the case for Theresa May
  • Gender discrimination at the top of the BOE? Nonsense, says the woman who helps pick the central bank’s policy makers
  • French economic growth unexpectedly failed to accelerate in the second quarter, when a series of national strikes acted as a drag
  • The record-breaking heat wave in Japan has likely caused people to spend more in search of relief -- there’ll be another price to pay later
  • How did the last major trade war play out? Here’s a QuickTake on lessons learned -- and forgotten -- from the Great Depression

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

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

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