U.S. Payrolls, Fed Timing, Korea Policy Coordination: Eco Day

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Welcome to Friday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the day and send you into the weekend:

It's U.S. payrolls day. Here's what to expect from the June data.
A global tax overhaul is lurching toward widespread agreement with a handful of last-minute hurdles; Ireland is among those still on the sidelines, while remaining committed to negotiations
U.K. authorities are pledging to protect consumers against the costs of phasing out greenhouse gas emissions
The Federal Reserve probably will need to begin raising interest rates in late 2022 or early 2023 amid high government spending, the International Monetary Fund said
South Korea's finance minister and central bank chief met Friday and pledged tight policy coordination in a bit to reconcile the goals of taming asset bubbles and keeping economic recovery on track
Venezuela is preparing again to lop off zeroes from the national currency, with an aim to simplify daily transactions that sometimes barely fit on a calculator
Bloomberg Economics takes a look at the week ahead that includes China's credit and inflation data, besides rate decisions by Reserve Bank of Australia and Bank Negara Malaysia
A study by London School of Economics found that Indians want their government to guarantee them jobs instead of handing out cash to see them through the pandemic
India's record forex reserves fall short of the pile held by Switzerland, Russia and Japan on the import cover metric, making a case for the South Asian nation's central bank to grow its hoard