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(Bloomberg) --
Welcome to Tuesday, Europe. Here's the latest news and analysis from Bloomberg Economics to help get your day and week started:
- Four years after Bank of England Governor Mark Carney delivered a warning shot on climate change, most major central banks — with the exception of the Fed — are joining forces to promote sustainable growth
- Ultra-high net-worth individuals are raising their levels of cash as pessimism about the global economy spreads
- The Chinese government has given new waivers to several domestic state and private companies to buy U.S. soybeans without being subject to retaliatory tariffs
- Japan and the U.S. have finished talks on a trade deal with no indication yet on how the two sides responded to President Donald Trump's threat to slap tariffs on the $50 billion in cars and parts shipped by Japan to the U.S. annually
- The Fed has made little progress in advancing gender diversity in the U.S. central bank system, a new report from the Brookings Institution found
- With Australia's government focused on maintaining a budget surplus, RBA Governor Philip Lowe is left nearly alone to shoulder the burden of stimulating the economy
- Other central banks are easing policy amid a global slowdown, but Yi Gang pledges the People's Bank of China will take a more prudent stance
- Fresh off last week's 25-basis-point “hawkish cut” from the Fed, the president of the St. Louis Federal Reserve Bank says more easing may be needed
To contact the reporter on this story: Michael S. Arnold in Singapore at marnold48@bloomberg.net
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Michelle Jamrisko
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