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This Article is From Jan 30, 2019

Fed Rates Day, U.S.-China Trade Talks, Euro-Area Gloom: Eco Day

(Bloomberg) -- Welcome to Wednesday, Americas. Here's the latest news and analysis from Bloomberg Economics to help get your day started:

  • It's Fed day and Chairman Jerome Powell begins new era of press conferences after every meeting -- here's what to expect
  • The U.S. and China are sitting down Wednesday for the first of two days of high-level trade talks -- but don't hold your breath for a deal
    • A look at why Trump's tariffs didn't help create more steel industry jobs
    • If you've lost track: here's our timeline on what's happened so far
  • Euro-area economic confidence extended its worst losing streak in a decade at the start of 2019
    • Additionally, Germany slashed its 2019 growth outlook, Italian manufacturing confidence fell for a fourth straight month and France reported a disappointing domestic performance in the fourth quarter of 2018
    • Still, Italian executives are ignoring the economic pain and trying to get on with the job
    • The race to succeed European Central Bank Chief Economist Peter Praet is entering the home stretch with only one known contender, at least for now
    • Don't be fooled by the Bank of England's recent unanimity -- the debate will become more heated
      • Brexit might be delayed, softened or even abandoned, but the cost of separation is already apparent
      • China's weakening economy is roiling export markets in the rest of Asia
      • To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net

        To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Brian Swint

        ©2019 Bloomberg L.P.

        Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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