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This Article is From Aug 03, 2021

Hiring in U.K., BOE Decision, Asia Manufacturing Divide: Eco Day

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
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Cosco (India) Ltd.
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Tiger Logistics (India) Ltd.
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Nifty Capital Markets
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Nifty Top 20 Equal Weight
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USD-INR
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MSCI World
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Pritika Auto Industries Ltd
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SAB Events & Governance Now Media Ltd.
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MSCI AC Asia ex-Japan
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Nifty BHARAT Bond Index - April 2033
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Kanishk Steel Industries Ltd.
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BSE Finance
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Regency Investments Ltd.
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Mukat Pipes Ltd.
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Nifty EV & New Age Automotive
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Cindrella Hotels Ltd.
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Ajmera Realty & Infra India Ltd.
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MSCI AC Asia ex-Japan
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Texel Industries Ltd.
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Welcome to Monday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the week.

  • British firms are expecting to boost hiring and wages after remaining coronavirus restrictions on the economy were removed in July
  • Massive stimulus looks here to stay as the Bank of England seems set to echo the Fed this week
  • Manufacturing managers in Southeast Asia saw a slump in activity as the region grapples with one of the world's worst Covid-19 outbreaks, while North Asia continued to see a pickup
  • China's much-watched Politburo meeting signaled more targeted support for the economy as policy makers look to cushion growth in the face of resurgent pandemic risks
  • Record swathes of London home buyers are fleeing for the suburbs, even as the capital reopens and attempts to shrug off the pandemic
  • Minneapolis Fed President Neel Kashkari said the spread of the delta variant of Covid-19 could keep some Americans from looking for work, potentially harming the U.S. recovery
  • China's manufacturing activity dropped by a bigger magnitude than economists expected in July, a private survey showed Monday
  • Call it progressive authoritarianism. From exhausted couriers to stressed parents struggling with ever-rising housing prices and tuition fees, to small businesses battling tech monopolies, Xi Jinping is swinging the cudgel of state power to support the middle class
  • Australia's central bank faces the awkward prospect of having to walk back a taper announcement made only a month ago
  • The U.S. debt ceiling officially became operative again on Sunday after a two-year suspension

©2021 Bloomberg L.P.

With assistance from Bloomberg

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