Italian Bonds, Stocks Rally As Prime Minister Confirms Cut To Budget-Deficit Proposal
Italian bond yields moved lower for a second day to touch their lowest level since Sept. 27 while Italian bank stocks lead the country's benchmark index higher after Italian Prime Mini.....»»
Market Extra: Italian bonds surge in relief rally as Rome backs down from Brussels
Italian bonds are rallying after Italian Prime Minister Giuseppe Conte issued a smaller deficit forecast in the new budget proposal Tuesday in the hopes of appeasing the European Union.....»»
Stocks, Italian Bonds Slide As Salvini Says Italy "Willing To Break EU Budget Rules"
Brussels won't like this. Matteo Salvini, a deputy prime minister, leader of Italy's populist League Party, and perhaps the most powerful figure in the Italian government, sent the euro reeling and Italian b.....»»
Bond Report: U.S. government bonds rally as Italy budget woes weigh on global stocks
Treasurys gain ground, pulling back yields, as a rout in Italian government bonds following the country’s poorly received deficit target appears to put some pressure on global equities......»»
Italian Bonds, Banks Are Blowing Out Again
Following newly-minted prime minister Giuseppe Conte's first speech, which did nothing to appease Brussels' hopes for normalization, Italian bond yields, spreads, and bank stocks are showing notable signs of stress once again. J.....»»
Market Extra: Relief rally for Italian bonds overlooks potential budget snags, say analysts
Italian bond prices have bounced back in the past two weeks amid scrutiny over the new government’s deficit-widening credentials, but investors suggest the rally is built upon shaky foundations......»»
U.S. dollar and stocks gain, Italy budget woes hit Europe
The U.S. dollar and stocks gained on Friday, but Italy's government bonds, European stock markets and the euro were slammed by deepening worries about the Italian budget and its new higher-than-expected deficit target......»»
Italian Stocks, Bonds, Euro Tumble After Europe Says Budget "Almost Certainly Violates Rules"
After posting strong gains in early trading, the rally in Italian stocks has faded sharply, with the FTSEMIB index now down .....»»
Italian Bonds, Stocks Rally As Rome Strikes Budget Deal With Brussels
The market-rattling game of chicken between Rome and Brussels has ended in a draw. EU officials confirmed Wednesday that after a meeting in Brussels with leaders from Rome, the two sides have struck a deal on the Italian budget def.....»»
Bitcoin, Bonds, & Bullion Bid As LA"s Extended-Lockdown Slams Stocks
Bitcoin, Bonds, & Bullion Bid As LA's Extended-Lockdown Slams Stocks So the overwhelming message from Fauci today was "we're all going to die" if you even dare to re-open the economy and judging by the budget deficit charts (and c.....»»
London Markets: U.K. stocks rally, British pound recovers as optimism over possible virus containment offsets worry over Johnson
The British pound recovered and U.K. stocks rose Tuesday, as concern over the hospitalization of British Prime Minister Boris Johnson was offset by broader optimism the coronavirus crisis was slowing......»»
London Markets: U.K. stocks hammered as coronavirus cases spiral higher and Boris Johnson tests positive
U.K. stocks were hammered on Friday bringing a three-day rally to an abrupt end as global coronavirus cases spiralled and prime minister Boris Johnson tested positive......»»
Europe Markets: Italian and Greek bonds rally after ECB asset-purchase plan as European stocks end higher
In ano.....»»
Europe Markets: European stocks climb and Italian bonds rally after ECB asset-purchase plan
European stocks climbed in early action Thursday after the European Central Bank surprised markets by unveiling a major asset-purchase program to combat the financial difficulties caused by the coronavirus outbreak......»»
European stocks advance and Italian bonds rally after ECB move
European stocks opened higher on Thursday after the European Central Bank announced a new bond-buying program, with the Euro Stoxx 50 up 0.6% and the French CAC 40 rising 1.2%. The.....»»
Pound and stocks flop as Brexit fears resurface
European stocks skidded off record highs and sterling dropped more than 1% on Tuesday, as reports that Britain's prime minister was ready to play rough in Brexit talks brought December's cross-market rally to a halt......»»
Brexit rally fizzles as deal faces hurdles
Sterling surged and European stocks jumped after British Prime Minister Boris Johnson and EU officials said a Brexit deal was done. But the rally was short-lived. David Pollard reports......»»
Europe Markets: Europe stocks drop as Italy’s Conte says he will resign
Europe stocks on Tuesday turned lower, as political risk re-emerged in the wake of Italian Prime Minister Guiseppe Conti resigning......»»
Carmakers race higher, Johnson jitters for sterling
A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday, while a brief sterling rally proved short-lived as hard-Brexit advocate Boris Johnson was confirmed as Britain's new prime minister......»»
Stocks rally cut off by EU threats over Italy"s budget
European shares dipped on Tuesday, dragged down by concerns about the budget deficit in Italy, while London markets were lifted by gains for mining shares. Ciara Lee reports.....»»
Italian Stocks Slide, Yields Climb As 2019 Deficit Target Spikes
Europe's Stoxx 600 turned negative on Tuesday after Bloomberg published a document showing the Italian government's projected budget deficit for 2019 is even larger than the Italian Treasury had suggested last week, putting Italy's populist.....»»