Browsing Tag

Italy

Orbex Market Flash

During a speech in Italy on Friday, ECB president Mario Draghi warned of the dangers of leaving the European Union. Draghi’s main message was that a country leaving the EU or the single currency would not necessarily find greater… Read More

Orbex Market Flash

In yet another data release highlighting weakness in the Eurozone economy, the Q3 GDP reading for Italy came in below expectations, contracting 0.1% on the quarter vs. an expected unchanged reading, and printing 0.7% on the year vs. an… Read More

Orbex Market Flash

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

Orbex Market Flash

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