U.K. Economy, Global Trade Tracker, Italy, NEF: Eco Day

(Bloomberg) -- Welcome to Tuesday, Europe. Here’s the latest news from Bloomberg Economics:

• 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

To contact the reporter on this story: Karl Lester M. Yap in Manila at kyap5@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Karthikeyan Sundaram, Ashutosh Joshi

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