International Trade News

Europe’s Hopes for Factory Bounce Prove Fleeting: Terms of Trade

Feb. 12, 2020, 12:00 PM

Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more.

Europe’s industrial engines were supposed to be turning the corner with the new year. 

The U.S.-China trade truce announced in December was supposed to ease uncertainty and revitalize demand for capital goods, consumer durables and energy in the world’s two largest economies and beyond. The U.K. was about to ditch the European Union with nary a noticeable disruption.

Underneath all that, a big monetary stimulus package in September was supposed to give the European Central Bank...

To read the full article log in. To learn more about a subscription click here.