Trump's Truce, Xinhua's Warning, Israel Rate Decision: Eco Day

(Bloomberg) -- Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to get your day started:

  • President Donald Trump said he’ll extend a deadline to raise tariffs on Chinese goods beyond this week, citing “substantial progress” in the latest round of trade talks that wrapped up Sunday in Washington
  • Bloomberg Economics reckons a trade deal would likely herald a period of risk-on sentiment, boosting risk assets from emerging-market equities to currencies
  • Still, there could be “new uncertainties” in the final stage of the trade negotiations and China should do its best while preparing for the worst, according to a commentary by state news agency Xinhua
  • European Central Bank officials poised to debate the need for new long-term loans for banks might have even bigger thinking to do
  • Here’s why the death of Honda’s U.K. hub sums up Britain’s Brexit-era angst
  • It’s rate decision day in Israel. Here’s what to expect
  • Read our preview of the key economic events this week

©2019 Bloomberg L.P.