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Goldman's Relaxed Outlook, U.K House Prices, Wages Thaw: Eco Day

Goldman's Relaxed Outlook, U.K House Prices, Wages Thaw: Eco Day

(Bloomberg) -- Welcome to Monday, Europe. Here’s the latest news from Bloomberg Economics:

  • Goldman Sachs Group Inc. economists are proving more relaxed than Wall Street rivals about the risks of a U.S. recession come 2020
  • Rare good news. U.K. house prices rebounded in September amid signs of a pickup in sales of London’s most expensive properties
  • Fanboy. Britain’s Environment Secretary Michael Gove, a key figure in the campaign for Britain to leave the European Union and a past critic of BOE Governor Mark Carney, now says he’s a fan
  • Governor wanted. European Central Bank Governing Council member Jozef Makuch said he might not finish his second term at the helm of Slovakia’s monetary authority to allow the appointment of his successor before 2020 general elections
  • Dangerous FX. Japanese Prime Minister Shinzo Abe said he told the U.S. President it’s dangerous to broach the topic of currencies and noted that Trump hasn’t criticized Japan on the issue since
  • Tightening cycle. The sole economist to correctly predict the Russian central bank’s first interest-rate increase since 2014 felt a jolt at seeing the outlook that accompanied Friday’s decision
  • Fatter wallets. Workers in the world’s richest countries are getting their biggest pay bump in a decade, a step toward solving a labor market puzzle that’s unnerving central bankers

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

To contact the editors responsible for this story: Malcolm Scott at mscott23@bloomberg.net, Karthikeyan Sundaram, Pradeep Kurup

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