Euro-Area Growth, U.S.-China Impasse, Asia to Dominate: Eco Day

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Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your week started:

  • Euro-area GDP growth topped expectations at 0.4% in the first quarter, and a similar number is predicted on Wednesday from Germany, the region’s biggest economy
  • London’s property market is continuing to bear the brunt of Brexit malaise, according to a report from Acadata. Elsewhere, U.K. companies and politicians are underestimating the chances of a no-deal Brexit, the head of a business group said
  • The emerging stalemate in U.S.-China trade negotiations grew out of an earlier deadlock over how and when to remove existing American tariffs that provoked Beijing to threaten to walk away from the talks
  • If the Federal Reserve’s optimistic take on inflation had traders second-guessing their bets on an interest-rate cut this year, they’re taking matters back into their own hands now
  • The 2020s are set to be the decade of Asia -- dominating an exclusive list of economies expected to sustain around 7% growth
  • From pork in China to iron ore in Brazil, inflation is flickering in parts of the global economy even as price growth remain largely subdued
  • Pakistan got a $6 billion IMF loan to help avert an economic crisis
  • Here’s a look at data due this week and the economic implications

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