Italy’s Meloni one-year rule delivers more debt, likely rejection of ESM reform – say opposition sources, analysts

–Analysts see negative fallout for financial markets –Issuance of USD-denominated bonds set aside By Silvia Marchetti ROME (MaceNews) – Italian Premier Giorgia Meloni’s one-year anniversary of government rule has led to few results on the economy, say opposition forces, with more public debt piling up and the likely rejection of the key European Stability Mechanism […]

ISM: US October Services Sector in Expansion for 10th Straight Month but Slows Down Sharply in Light of Geopolitical Risks, Labor Costs and Shortages

–ISM’s Nieves: Purchasers’ Sentiment Mixed; Some Optimistic, Others Concerned about Inflation, Interest rates and Geopolitical events –Nieves: Too Early to Tell How Labor Strikes Will Affect Services Sector–Nieves: Given Rise in New Orders, Sector Might See an Uptick in November    By Max Sato (MaceNews) – Business activity in the U.S. services sector was in positive […]

White House and Other Schedules for Friday, Nov 3

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR FRIDAY, NOVEMBER 3, 2023  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]