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Tag: Italy

Italy 1-Yr Debt Costs Ease at Auction, Investors Remain Wary

May 11 2012 10:31:09 Forexbrokerz.com in Market

Italy sold 7 billion euros of 12-month Treasury bills at an average 2.34 pct rate, down from 2.84 pct in mid-April. The sale was covered 1.79 times versus a bid-to-cover ratio of 1.52 in April. Italy also sold 3 billion euro of a three-month bill at an average 0.87 pct rate , down from 1. Read more

Italy to To Discuss Withholding Tax With Swiss

May 09 2012 10:31:12 Forexbrokerz.com in Market

Swiss Finance Minister Eveline Widmer-Schlumpf would meet Italy's Monti soon  to discuss the regularization of untaxed assets said swiss govt. Read more

Bank Lending to Companies in Italy Stalls in March from a Year Earlier - C Bank

May 09 2012 10:01:13 Forexbrokerz.com in Market

Bank lending to companies in Italy stalled in March from a year earlier in a sign cheap ECB funds offered to lenders are yet to reach the real economy. Overall lending to the private sector grew by 1. Read more

Italy Steps up Its Call to Boost Eu Growth, on Hollande's Victory

May 07 2012 14:01:06 Forexbrokerz.com in Market

Italy On Monday stepped up its calls for "concrete" steps to boost growth in the EU, with one ruling party calling for higher deficit targets, on Hollande's victory Hollande has pledged to swing policy away from simple austerity to growth. Read more

Nokia Siemens Plans to Cut 580 Jobs in Italy - Fiom

May 04 2012 12:31:08 Forexbrokerz.com in Market

Nokia Siemens Networks plans to cut 580 jobs in Italy - FIOM engineering industry union The union said it had been informed of the decision at a meeting and called on the govt and Industry Minister intervene The material has been provided by Instaforex Company - instaforex. Read more

Italy Services Pmi Slumps to 42.3 in April from March, Sharpest Decline in Almost 3 Years

May 04 2012 08:31:06 Forexbrokerz.com in Market

The Markit/ADACI Business Activity Index dropped to 42.3 in April from 44.3 in March, the lowest reading since June 2009. New business in the services sector fell for the 12th month running and the sub-index measuring employment dipped to its lowest level since July 2009. Read more

Draghi Admire Reform Efforts Taken by Spain, Italy

May 03 2012 14:31:09 Forexbrokerz.com in Market

ECB's Draghi on Thursday praised the efforts made by Spain and Italy to reform its economy and said both have made significant progress He said "I would say the government of Spain has made a very significant effort in policy reform. It's a series of reforms that ... Read more

Research: Deepening Recession and Rising Unemployment in Italy Will Jeopardise Government's Deficit Reduction Plans

May 02 2012 11:31:02 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Downturn in Italy is increasingly being reflected in the labour market. Unemployment jumped by 66,000 in March,  driven by a 35,000 fall in employment and a 31,000 increase in the labour forecast. Read more

Italy Mfg Orders Decline at Fastest Rate in 3 Years at 43.8 in April from 47.9 in March-Pmi

May 02 2012 08:31:06 Forexbrokerz.com in Market

News ItalyPMI dropped to 43.8 from 47.9 in March, steepest drop in 3 years pointing to the sharpest decline in business conditions The new orders at Italian factories falling for the 11th month in a row, with the index dropping to 39.2 from 45.7 in March to hit the lowest levels since March 2009. Read more

Research: a General Election in Italy Likely in Spring 2013

Apr 30 2012 12:31:10 Forexbrokerz.com in Market

Quotes from Standard Chartered: -The baseline scenario remains that a general election in Italy will take place in H1-2013, but an early election, as soon as October, cannot be entirely excluded. Read more

Italy April Eu-harmonized Cpi Remains unchanged at +3.8 Pct Y/y in March

Apr 30 2012 10:31:16 Forexbrokerz.com in Market

 News Italian EU HICP rose a preliminary 0.9 pct m/m in April and inflation rate remaining steady at 3.8 pct, unchanged from March The main domestic price index rose a preliminary 0.5 pct m/m in March up 3.3 pct y/y , compared with a median forecast of +0.4 pct m/m and +3.2 pct y/y. Read more

Italy Treasury Has raised Over 43 Pct of 2012 Funding

Apr 27 2012 14:01:09 Forexbrokerz.com in Market

News Italy has so far raised more than 43 pct of an annual gross funding target of between 440 billion and 450 billion euros - treasury official Italy sold 5.95 billion euros in bonds, paying 5. Read more

Italy 10-year Borrowing Costs Climb At Auction

Apr 27 2012 11:01:11 Forexbrokerz.com in Market

Italy's 10-year borrowing costs increased at an auction on Friday, a day after Standard & Poor's downgraded Spain, worsening concerns that the country may seek a bailout. The Italian Treasury raised EUR 5.95 billion from the sale of bonds or BTPs with a total target of EUR 6.25 billion. Read more

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