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
how will the spanish congress vote

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 assemble a shaky coalition of minority parties with enough votes to barely pass the motion - if all the members...

2018-06-01 Daniel John Grady 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 Trump called off. While in Italy, the newly formed populist government brought a more cautious note to the ma...

2018-05-28 John Benjamin Read more
Market Pressure Mounts on Italian Assets

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 to happen. What isn’t clear, however, is whether such a government would be capable of delivering its pledge...

2018-05-24 James Harte 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
Euro coin on Italian flag

Let's start with the Euro today and then, you might want to read about Italy’s possible innovation, which can be the next big thing in Europe and the world. Earlier this week, the Euro shocked the banks around the world, rising well above 1.20 mark,  the level most of the investment banks considered it would take more than 5 years for the Euro ...

2017-08-31 Nour Eldeen Al-Hammoury Read more
Greece_grexit_ECB_3105

It looks like we are going to have a hot summer ahead, as we are very close to some key events in Europe, including Greece, Italy, and the UK. However, the Greek Drama is back on the table once again, and it's likely to overshadow the rest of the political and economic happenings in all over Europe. The old headline is back to the front pages ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
UK Manufacturing

After a series of economic releases across the board for the manufacturing sector yesterday, from the Euro Zone, UK and the US, another day comes with further economic releases which set to have a notable impact on the markets. Today, all eyes will be headed toward the Services sector in the Euro Zone, as we will be waiting for the Services PMI’...

2017-01-04 Nour Eldeen Al-Hammoury Read more
Italian Referendum_0812

 EUR Moves Remain Tricky To Pin Down The Euro’s response to the Italian referendum has once again highlighted the problematic nature of how EUR responds to various risk-off events. EURUSD reversed the initially sharp sell-off in response to the Italian “No” vote to close the day near three-week highs. The move was a near perfect mirror of the p...

2016-12-08 James Harte Read more