MNI China Daily Summary: Monday, April 15

MNI: China CFETS Yuan Index Up 0.22% In Week of Apr 12

MNI: PBOC Sets Yuan Parity Higher At 7.0979 Mon; -4.90% Y/Y

MNI China Press Digest April 15: A-Shares, Exports, Property

MNI: PBOC Conducts CNY100 Bln MLF Mon; Rates Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI:US MAR RETAIL SALES +0.7%; EX-MOTOR VEH +1.1%

MNI: CANADA FEB WHOLESALE SALES +2.3%; EX-AUTOS -0.1%

US MAR RETAIL SALES $709.6B VS FEB $704.5B

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

JP Morgan on Italian politics

ITALY
  • "Our forecast anticipates lingering political uncertainty - in turn connected to policy risk on the reform and fiscal front - even after the formation of the new government, which under our baseline is a right wing BoI-led administration."
  • "Our base case remains that eventually the new government will not opt for a conflictual approach with the EC or markets, and will instead be careful in nurturing the impressive legacy of PM Draghi. But, the road to get there might well remain bumpy for a while, including during an electoral campaign when some right-wing parties may engage in the traditional game of competing on the basis of untenable fiscal promises."
  • "The most important factor in gauging the behavior of the future administration will be the announcement of the ministers in the government. If the choice for the key roles (Treasury, Foreign affairs, Energy, Defence, Labour) were to fall on figures with recognized domestic and/or international credibility, selected also outside of the party ranks, this would sharply affect perceptions about the credibility and ability to deliver of the new administration."
  • "In terms of timeline, it is reasonable to expect that most of August, traditionally a holiday month, will be relatively quiet as parties work out their programs and alliances. The electoral campaign will likely hit up in its last four weeks."
HomepagePolitical 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.