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PIPELINE

$1.5B Korea Development Bank 3Pt Launched

US TSY FUTURES

5s30s Yield Curve Precipitous Decline

FED

Powell Re-Appointment Probability Slipping

MENA

EU's Borrell: Time Is Not On Iran's Side

ITALY DATA
MNI (London)
  • Preliminary 4Q20 GDP -2.0% q/q, -6.6% y/y, coming slightly better than markets expected (BBG: -2.2% q/q)
  • 3Q20 GDP real SA WDA revised down +16.0% q/q; -5.1% y/y
  • 4Q20 q/q industry, agriculture, services all down--ISTAT
  • ITALY: 2020 average WDA GDP -8.9% y/y on preliminary data--ISTAT
  • Italy prelim GDP -8.2% 'acquired' net growth for 2021--ISTAT
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com