Italy – Unchartered waters

24 May 18
A new dawn Italy’s President Sergio Mattarella yesterday gave Florence law professor Giuseppe Conte a mandate to lead Italy’s first anti-establishment government. Conte, a practising lawyer with no political or managerial ...

ECB – Reversing market moves

23 May 18
Keeping schtum With market concerns over Italy growing, rumours are rife that the European Central Bank may use its regular bond buying to sway the programme of the new Italian government, ...

Italy – Hobson’s choice

23 May 18
Calling the shots Italy’s anti-establishment 5-Star Movement and the rightist League on Monday asked President Sergio Mattarella to appoint little-known law professor Giuseppe Conte as the country’s next Prime Minister. Mattarella, ...

Italy – Call my bluff

22 May 18
Bending the rules Italy’s anti-establishment 5-Star Movement and rightist League have promised to ramp up spending and implement tax cuts in a government agenda agreed on Friday that risks putting Italy ...

Bank of England – Mark(ing) Time

22 May 18
Wait and see Bank of England Governor Mark Carney said on Tuesday he expected Britain’s economy would bounce back from a weak start to the year when it was hit by ...

Emerging Markets – That sinking feeling

21 May 18
Pressure points If buybacks and merger-mania are sweeping across developed markets, the same cannot be said of emerging markets. Argentina and Turkey, which boast two of the largest current account deficits ...

Irish External Trade (March 2018)

16 May 18
Irish External Trade (March 2018) • Seasonally-adjusted surplus of €4,029m, up from the balance of €3,959m posted in February • Exports down 4.9% month-on-month seasonally-adjusted • Imports down 8.6% month-on-month seasonally-adjusted ...

Federal Reserve – United we stand, divided we fall

16 May 18
A difference of opinion There appears to be a difference of opinion at the US central bank. Federal Reserve Chair Jerome Powell’s top deputies are edging toward a clash that could ...

Japan’s economy contracted by an annualised 0.6% in the three months to March

16 May 18
Mounting challenges Japan’s economy contracted by an annualised 0.6% in the three months to March, breaking a two-year run of expansion, according to government figures released on Wednesday. The statistics are ...

Bank of Japan – Fixated

15 May 18
Elusive target The Bank of Japan appears to be subtlety changing its strategy. As Haruhiko Kuroda walks away from his “shock and awe” stimulus in favour of incremental policy shifts, he ...