Italy Faces Showdown on ESM Reform; Financial Stability Risks Ahead
– Market volatility set to rise, ruling parties at odds – EZ banking union progress could come to a halt By Silvia Marchetti ROME (MaceNews) – The rising prospect that Italy will reject proposed reform of the European Stability Mechanism could raise new doubts about European integration and the stability of the ruling center-right coalition. Sources from […]
<strong>White House and Other Schedules for Monday, Jan 30</strong>
WASHINGTON (MaceNews) – The following are Monday’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 SCHEDULE FOR MONDAY, JANUARY 30, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Italy Keeps New USD-denominated Bond Issuance on Hold for 2023 — For Now
– Current Market Conditions Unfavorable, Coalition Sources Say By Silvia Marchetti ROME (MaceNews) – Italy is holding off for now on new issuance of US dollar-denominated bonds as it sees market conditions, especially the euro’s weakness, as unfavorable, according to ruling coalition government sources. In a shift from past practice, with the government laying out […]