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This Article is From May 18, 2018

Italian Yields, China's Offer, Japanese Inflation: Eco Day

(Bloomberg) -- Happy Friday, Europe. Here's news from Bloomberg Economics to help get your day started:

  • European Central Bank Vice President Vitor Constancio said policy makers are watching widening Italian bond spreads as populist parties inch closer to forming a government.
  • Take note. Stephanie Flanders suggests Italy's new populist leadership could do with some lessons on debt
  • Risks remain. The likely next head of Finland's central bank said “the jury is still out” on whether the euro-area economy will rebound from its recent soft patch
  • Way to go. Norway's central bank is revealing how it tried to support its economy at the height of the oil crisis that hit the nation in 2014
  • An offer you can't refuse. China has offered President Donald Trump a $200 billion reduction in its annual trade surplus with the U.S. by increasing imports of American products and other steps.
  • No deal. Meanwhile President Donald Trump's chief Nafta negotiator said the U.S., Canada and Mexico are "nowhere near close to a deal"
  • Long and winding. In Japan, a second straight drop in the inflation rate points to an even longer road ahead for the Bank of Japan
  • Not seeing eye-to-eye. Investors and economists are increasingly at odds over the outlook for the world economy

To contact the reporter on this story: Enda Curran in Hong Kong at ecurran8@bloomberg.net.

To contact the editors responsible for this story: Malcolm Scott at mscott23@bloomberg.net, Karthikeyan Sundaram

©2018 Bloomberg L.P.

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