Italy will present a new government on Friday based on an unlikely marriage between the left-wing protest 5-Star Movement and the right-wing League. It’s a populist union that found common ground on immigration, taxes and the social safety net. After 3 months of unproductive negotiations, and rejected political appointments, they finally have a ...

2018-06-01 Ashraf Laidi Read more

The recent strength in the Swiss franc has extended to the point of gaining versus all major currencies, including the US dollar over the past 2 weeks. Not coincidentally, the start of this period coincided with the breakout in the drama revolving Italian politics. But there are other factors enforcing franc strength. Will the currency require c...

2018-05-24 Ashraf Laidi Read more
Italian Political Crisis Deepens

The Italian political crisis deepens once again this week following the failure of the third round of negotiations in the ongoing Italian elections. Given the continued stalemate within these negotiations it is increasingly likely that further elections will be called. Given the public’s disappointment with both the traditional political parties...

2018-05-09 James Harte Read more
What is Driving EURUSD

Italian Elections Fail to Produce a Majority The Italian elections over the weekend failed to provide any major catalyst for a directional move in the Euro despite a couple of key surprises. The two anti-establishment parties performed much better than was expected judged by the latest polling results heading into the elections. However, no par...

2018-03-23 James Harte Read more
Italian Election Scenarios

The Italian elections are now just one week away and the latest polling results continue to highlight uncertainty around the event. Some polls suggest that the Eurosceptic Five Star Movement will win while most highlight the likelihood of a hung parliament, where no single party can achieve a majority. With a view to best gauging the market’s re...

2018-03-23 James Harte Read more
EURUSD posts fresh highs

Summary: EURUSD posts fresh highs as Economic data from the U.S. and the Eurozone causes it to become a favorite among investors Optimism in the euro area recovery and the turnaround makes investors to bid up euro EURUSD approaching a key resistance area from the multi-year trend line S. interest rates could start rising faster tha...

2018-03-23 John Benjamin Read more
Italian Elections

How Do the Italian Elections Work? The upcoming Italian elections due to be held on March 4th are beginning to draw an increasing amount of attention as the market weighs up the likely outcome of the elections, as well as their potential market impact.  As with all Eurozone elections, the electoral law of the nation is a key focus.   K...

2018-03-20 James Harte Read more