MNI INTERVIEW2: Riksbank Sales Boosting Liquidity - Debt Head

MNI China Daily Summary: Thursday, Dec 5

MNI: UK NOVEMBER CONSTRUCTION PMI 55.2 (FCST: 53.5); OCT 54.3

MNI BRIEF: China Construction Output Slows In November

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -1.82% Y/Y

MNI: EUROZONE OCT RETAIL SALES -0.5% M/M, +1.9% Y/Y

MNI: EUROZONE NOVEMBER CONSTRUCTION PMI 42.7 OCT 43.0

MNI: FRANCE OCT INDUSTRIAL PRODUCTION -0.1% M/M, -0.6% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Center Right Fratelli d'Italia Set To Form Coalition Government

ITALY

Yesterday's Italian general election delivered a decisive victory for the center-right coalition of Fratelli d'Italia, Forza Italia and Lega.

  • FdI slightly outperformed expectation at the expense of other right right-wing parties Forza Italia and Lega, giving FdI leader Giorgia Meloni a strong mandate to build a government.
  • The first round shows the coalition led by FdI securing the second largest parliamentary majority since 1945. Likely 235/400 MPs in the lower chamber and 115/200 senators in the upper chamber.
  • Strong performance of the coalition to deliver a rare period of parliamentary stability reflected in a robust response on Italian markets.
  • It should be noted that although the center-right has gained a majority in both houses of parliament they fell short of the two-thirds majority required to alter the constitution without a referendum.
  • Meloni is expected to announce her cabinet by the end of October, with a government expected by early November, at which point market focus will turn to the budget for 2023.
  • The relatively weak performance of PD is likely to trigger a period of rebuilding amongst opposition.
  • Results: Fratelli d'Italia (FdI): 26.3%, Democratic Party (PD): 19.3%, Lega: 8.9%, 5Star: 15%, Forza Italia (FI): 8.0%, Azione (Az) Italia Viva: 7.8%, Sinistra: 3.7%, Italexit: 1.9%
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.