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Tag: Italy

Italy May HICP Inflation At 3.5%, Unrevised

Jun 13 2012 09:01:03 Forexbrokerz.com in Market

Italy's inflation, as measured by the harmonized index of consumer prices, eased to 3.5 percent in May, final report from the statistical office Istat confirmed Wednesday. The HICP rose 3.5 percent in May, after climbing 3.7 percent in April. The rate is at a three-month low. Read more

Italy on Right Path, Should Not Fear Contagion says German Fin Min

Jun 13 2012 07:01:04 Forexbrokerz.com in Market

German Fin Min Schaeuble said that austerity measures adopted by Italy's Monti govt. are sufficient and Italy would not face any contagion as feared by many in the markets He said that Spain too is on right path but having some problem in specific sector i.e. Read more

Italy's Grilli : Market Situation Is Extremely Difficult in Italy and Europe

Jun 12 2012 16:31:03 Forexbrokerz.com in Market

Grilli said that recent financial market developments show the situation remains "extremely difficult" for the euro zone and for Italy in particular Italian borrowing costs have risen sharply after the Saturday's deal to help recapitalize Spanish banks. Read more

Italy Remains In Recession; Final GDP Falls 0.8% In Q1

Jun 11 2012 10:31:25 Forexbrokerz.com in Market

Final data released by Italy's statistical office Istat on Monday confirmed that the economy remained in recession in the first quarter of 2012 amid falling domestic demand and investment. Italy's gross domestic product contracted 0. Read more

Italy Confirms 0.8% GDP Contraction In Q1

Jun 11 2012 09:01:26 Forexbrokerz.com in Market

The Italian economy contracted 0.8 percent quarter-on-quarter in the first quarter of 2012, final data from the statistical office Istat confirmed Monday. The latest contraction in the gross domestic product signaled deepening recession in the economy. Read more

Research: Italy Heading for another Big fall in Gdp in Q2

Jun 08 2012 12:01:05 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -About the best thing that can be said about the euro area data at the moment is that at least it matches the weather; dull, gloomy and continuing to deteriorate. Read more

Italy April Industry Output Declines Unexpectedly 1.9 Pct M/m

Jun 08 2012 09:01:13 Forexbrokerz.com in Market

Italy industryApril output fell 1.9 pct m/m from the previous month against the estimated decline of 0.5 pct The Italian data followed a worse-than-expected 2.2 pct slide in German output in April, Italy April industry output working day Adj -9.2 pct y/y compared to a revised march data of -5. Read more

Euro Bonds Would take more Than 18 Months to Prepare - Italy Debt Chief

Jun 05 2012 18:31:04 Forexbrokerz.com in Market

It would take between 18 months and two years to properly prepare the technical aspects of issuing euro bonds - Maria Cannata, Italian Treasury's debt office chief Speaking with SkyTG24 news television, she said "When people talk about euro bonds they tend to talk about them in principle and th... Read more

Italy Services Activity Contracts for 12th Month Running in may ,but at Slower Pace at 42.8

Jun 05 2012 08:31:03 Forexbrokerz.com in Market

The Markit/ADACI Business Activity Index edged up to 42.8 in May from April's near three-year low of 42.3 New business shrank for the 13th month running, in May, with the sub-index edging up to 41.1 from April's 40.5. Read more

Research: Contagion Into Italy and Spain Would be Much more Severe

Jun 01 2012 15:01:03 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Contagion into Italy and Spain would be much more severe. Deposit outflows of 20-30%, as we saw in Greece, would lead to 10-20% deleveraging in Italy and 20-30% in Spain. Read more

Italy may Manufacturing Advances Slightly to 44.8 in May, Surpasses the Estimates

Jun 01 2012 08:31:02 Forexbrokerz.com in Market

The Markit PMI roseslightly to 44.8 in May from April's six-month low of 43.8. A Italian business morale dropped in May to its lowest inalmost three years, and consumer confidence plunged to itslowest level on record. The new orders sub-index index was at 40.2 in May compared with 39. Read more

Future of the Euro at Stake in Spain and Italy - Spain's De Guindos

May 31 2012 19:31:51 Forexbrokerz.com in Market

News    Spain's Luis de Guindos said that the future of the euro would be at stake in the next few weeks in Spain and Italy. He also said that the EU should move towards a true banking union, with possible steps being taken by the end of June. Read more

Italy Prosecutors Ends Probe Over S&P s Market Abuse Probe

May 31 2012 11:31:28 Forexbrokerz.com in Market

Italian prosecutors ended a probe into Standard & Poor's for alleged market manipulation and abuse Prosecutors alleged that reports on Italy and its banking system by S&P as well as rating agency peer Moody's were in at least one case leaked during market hours S&P has denied the ... Read more

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