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Brexit Curry Betrayal, China-U.S. Barbs, Japanese Jobs: Eco Day

Brexit Curry Betrayal, China-U.S. Barbs, Japanese Jobs: Eco Day

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

  • As Brexit consumes U.K. politics, academic research shows hard line backers will face a test of gravity when it comes to boosting trade
  • Meanwhile, Britain’s famed curry houses are feeling the Brexit squeeze as somewhere in the country one closes every day amid falling immigration and a weak pound that drives up costs
  • On the housing front, U.K. asking prices fell from a year earlier for the first time since 2011, led by declines in London and among the most expensive properties
  • In Asia, a regional summit ended in tumult after the U.S. and China failed to agree on language in a final statement, the latest sign that a trade war between the world’s biggest economies won’t end anytime soon
  • It’s an important day for India’s central bank as monetary policy makers and government officials meet Monday in a board meeting that promises to be anything but a dull affair
  • In another sign of a slowing world economy, Thailand’s growth rate expanded far less than economists estimated last quarter
  • There may be further pain ahead: Korea’s central bank said it sees the prospect of rising interest rates in the U.S. as a threat to economic stability in emerging economies
  • It’s not all gloom though. This chart shows why job prospects for Japan’s college students are the best since the 1990s. And exports have rebounded from a string of natural disasters
  • In case you missed it, Amir Yaron, a finance professor at University of Pennsylvania’s Wharton school of business, was confirmed as Bank of Israel’s new governor

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, Chris Bourke

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