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7 Feb 2019

Italy EconMin Tria: No need for budgetary adjustment

Italian Economy Minister Giovanni Tria recently crossed the wires arguing there was currently no need for a budgetary adjustment.

Key quotes (via Reuters)

  • Macroeconomic fundamentals do remain positive.
  • GDP growth could pick up again soon.
  • If deficit increase is due to growth slowdown, so structural deficit goal agreed with EU is not affected.
  • Italy needs to boost public and private investments.
Feb 7, 2019

EUR/USD comes down to test 1.1330, 200-week SMA

Another bout of selling pressure is now pushing EUR/USD to visit the 1.1330 area, where sits the critical 200-week SMA. EUR/USD navigates 2-week lows
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Feb 7, 2019

UK: Government has set no date for vote on revised Brexit deal

According to Bloomberg, the British Government has not yet set a date for the vote on the revised Brexit deal. "The government is said to stick to the
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