Italy

The UK’s economy was seen expanding in the third quarter, posting the fastest pace of increase in nearly two years. The expansion in the economy was surprising as the UK’s gross domestic product outperformed quite a few countries in the… Read More

Growth in the Eurozone was weaker than expected over the prior quarter according to the latest data. 3Q GDP came in at 0.2% quarter on quarter, undershooting expectations of 0.3% and moving lower from the previous 0.4% reading. The… Read More

The Italian government is reportedly bracing for the European Commission to reject its budget proposal on Tuesday. If this is the case, it will mark the first time in the history of the EU that the European Commission has had to ask a… Read More

Uncertainty around the Italian budget increased once again this week as, despite huge pressure from the EU and third parties such as the IMF, the Italian cabinet approved the draft budget which includes plans to massively increase spending… Read More

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… Read More

The Spanish Congress is expected today to vote on a no-confidence vote against current Prime Minister (President of the Government) Mariano Rajoy. The motion was presented by the leader of the Socialist Party (PSOE), who has managed to… Read More

Daily Forex Market Preview, 28/05/2018 The markets were seen trading on the back foot on Friday amid an array of rising global political risks. Investors were seen facing risks from the proposed U.S. and North Korea talks that President… Read More

One Step Closer To The Edge Italy has moved even closer to unprecedented territory this week and while an eleventh-hour failure cannot be totally counted out, it seems that a government between The Five Star Movement and League is likely… 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… Read More

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… Read More