Lagarde's New Gig, Fed Nominees, Trade-War Tallies: Eco Day

(Bloomberg) --

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

• Christine Lagarde is set to take on a new venture as the first woman to run euro-area monetary policy, while her exit raises questions on why Europe always leads the IMF; the IMF chief could bring a whole different style of leadership
• It’s rate decision day in Sweden and Poland
• Switzerland’s standoff with the EU belies the country’s deep economic dependence on the bloc
• You’re hired. President Donald Trump has picked two nominees to the Federal Reserve that hew to his preference for easier monetary policy
• Winner-loser. Vietnam, which has been cited as a relative trade-war winner amid supply chain diversions, is now in Trump’s crosshairs as the U.S. applies tariffs as high as 456.23% on imports from the Southeast Asian economy
• Consolation prizes. The trade war is winning over some in a key Trump constituency in the U.S. who are receiving aid to offset tariff damage
• Stale issues. India’s first woman finance minister in almost five decades faces several challenges that have been around for at least that long
• New era. The fresh junta-led coalition government in Thailand faces a critical test with legislation battles ahead

To contact the reporter on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Karthikeyan Sundaram, Tuhin Kar

©2019 Bloomberg L.P.