(Bloomberg) -- Happy Friday, Europe. Here's the latest news and analysis from Bloomberg Economics to help get your day started and send you into the weekend:
- Glass half full. Trade watchers are hoping for better news out of U.S.-China talks as President Donald Trump is set to meet China's lead trade negotiator Friday in Washington, though China economists are less upbeat about being able to stop the U.S. tariff increases
- Inflation basket. Changing dining preferences in Germany are having an effect on key economic indicators
- CPI goal. South Africa's central bank is unlikely to officially pursue a single point-inflation target soon even though it prefers to anchor price growth close to the 4.5 percent mid-point of its goal range, an adviser to Governor Lesetja Kganyago said
- Guessing games. Bank of Canada's chief said the interest-rate path is “highly uncertain” even as rates eventually need to turn higher
- Big toolbox. China's central bank is signaling more “targeted” stimulus as a preferred option
- Budgetary scolding. In a rare rebuke of fiscal policy overseas, Australia's central bank chief warned the U.S. about its lack of fiscal discipline
- Deflation watch. Malaysia's consumer prices declined for the first time since 2009, while Japan's rose fractionally
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, Devidutta Tripathy
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