Free Trial
US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Remains Below The 50-Day EMA

CANADA

RBC On Canadian CPI (Aug 16, 0830ET)

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI: Italy To Start Work On Tighter 2023 Budget Early-Official

(MNI) Rome

Mario Draghi is keen to conclude budget negotiations before next year's election raises political temperatures, a senior official tells MNI.

The Italian government is planning to start work on its 2023 budget earlier than the traditional October date, in a bid to push through a less generous package than seen this year before political manoeuvring ahead of general elections next spring makes striking parliamentary agreements too difficult, a senior government official told MNI.

“The budget could be complicated by politics. We will start earlier this year,” said the source, adding that work could start in September.

Keep reading...Show less
297 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Italian government is planning to start work on its 2023 budget earlier than the traditional October date, in a bid to push through a less generous package than seen this year before political manoeuvring ahead of general elections next spring makes striking parliamentary agreements too difficult, a senior government official told MNI.

“The budget could be complicated by politics. We will start earlier this year,” said the source, adding that work could start in September.

Keep reading...Show less