(Bloomberg) -- Welcome to Tuesday, Europe. Here’s the latest news from Bloomberg Economics:
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- What a Brexit deal can and can’t do for the British economy
- It’s the calm before the storm as the trade war deepens — key gauges of global trade remain near their long-run averages
- Italy signaled it’s not ready to budge on its controversial budget
- Speaking at the New Economy Forum in Singapore, Janet Yellen said the fight against inequality starts with full employment
- The World Trade Organization must be reformed to avoid a Trumpian disaster, former EU Trade Commissioner Peter Mandelson said
- A top deputy to Chinese President Xi Jinping said Beijing remained ready to discuss a trade solution with the U.S.
- Australia kept interest rates at a record low
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