Opinion – Friday 1 June 2018

A new Italian coalition government between the Five Star and the League is now done, Prime Minister designate Conte proposing and announcing an alternative (less immediately contentious) candidate for Finance Minister, Giovanni Tria, head of the Economy Faculty at...

Opinion – Thursday 31 May 2018

Global markets moves on Wednesday are not quite the mirror image of Tuesday, but many of them are doing a passable impression. In FX for example, the Swedish Krone lost over 1.5% on Tuesday in the midst of the Italian bond market carnage, and yesterday it closed up...

Opinion – Wednesday 30 May 2018

Yesterday’s trading session was dominated by the heavy selling of Italian debt securities, bonds and stocks, spilling over into other prone European markets, nothing short of a meltdown as others have noted, also selling of the Euro and risk assets globally as the US...

Opinion – Tuesday 29 May 2018

Fears of a Euro existential crisis are gathering momentum amid simmering political turmoil in Italy. President Mattarella proposition to form a technocratic government has been met with fierce opposition, suggesting new elections late in the Italian summer now look...

Opinion – Monday 28 May 2018

This time yesterday, there seemed to be every chance that this morning’s market re-open would see some fresh pressure on all things Euro following Friday’s news that Moody’s had placed Italy on watch for a possible downgrade to its Baa2 long term sovereign...

Opinion – Friday 25 May 2018

Geopolitics is well and truly back with President Trump announcing yesterday afternoon that the proposed June 12 Summit in Singapore he was to have with North Korean leader Kim Jong Un is off. Initial thoughts ran to Trump’s recent comments speaking aloud about the...