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Italian Yields, China's Offer, Japanese Inflation: Eco Day
Italian Yields, China's Offer, Japanese Inflation: Eco Day
18 May 2018, 02:33 PM IST
(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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