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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:
- As some heat is taken off the U.S.-China trade war, Europe is bracing as the next front and Japan is readying for its own clash
- The South African Reserve Bank is steadfast that it wants to see inflation expectations anchored at the 4.5 percent midpoint of its target range, Governor Lesetja Kganyago said
- Playing nice. New World Bank President David Malpass says he'll work toward a “constructive” relationship with China
- Fed talk. Federal Reserve officials are signaling a high hurdle to raising interest rates, especially amid moderating inflation; meanwhile, the White House's latest pick for the board is in jeopardy
- Fewer firings. Jobless claims in the U.S. fell to a 49-year low amid further tightening in the labor market
- Down Under. The Aussie housing market is in trouble, and the central bank is eyeing a further drop in Sydney property prices
- Eco Week. Here's all that you might've missed in the global economy this week
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, Ashutosh Joshi
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