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Tag: Italy

Italy 1-Yr Debt Costs Surges to Highest Since Mid Dec

Apr 11 2012 10:31:03 Forexbrokerz.com in Market

News Italy 12-month bill auction yield rose to 2.84 pct from 1.405 pct at mid-march sale, highest since mid Dec The steady domestic demand helped the Treasury to raise the planned 11 billion euros in 12- and three-month bills, with bids totalling 1. Read more

Italy Union Cgil Commits to Keep up Strike Action on Monti's Labor Reform

Apr 05 2012 16:31:04 Forexbrokerz.com in Market

 News Italy union CGIL pledged to carry 16 hours of planned strikes against PM Monti's labor reform proposals Monti said that said reinstatement would occur only in "very extreme and improbable" circumstances. The material has been provided by Instaforex Company - instaforex. Read more

Italy Government Deficit Narrows In Q4

Apr 04 2012 11:01:08 Forexbrokerz.com in Market

Italy's public budget deficit narrowed from last year in the fourth quarter, data released by statistical office Istat showed Wednesday. The general government deficit decreased to EUR11.466 billion or 2.8 percent of GDP in the fourth quarter from EUR17.227 billion or 4. Read more

Italy Minister Passera: Dismisses Further need for Austerity Measures

Apr 03 2012 10:31:14 Forexbrokerz.com in Market

 News Italian Industry Minister Corrado Passera on Tuesday ruled out to pass further budget cuts to meet its fiscal target He also added that instead of further cuts govt had to focus on boosting economic growth He said, "You don't grow with austerity. Read more

Italy State Sector Deficit Narrows in March

Apr 02 2012 19:31:19 Forexbrokerz.com in Market

News Italy's March state sector deficit narrowed to 17.5 bln euros for 20.6 bln euros in year ago period The Q1 budget deficit was around 28.2 billion euros, compared with a deficit of some 31 billion euros in the Q1 of 2011 Italy is targeting the general govt deficit to fall sharply to 1. Read more

Italy Jobless Rate Edges up As expected to 9.3 Pct in Feb, Highest Since Series Began in 2004

Apr 02 2012 10:01:05 Forexbrokerz.com in Market

News Italy jobless rate rose to 9.3 pct in Feb from a revised 9.1 pct in Jan, highest level since series began in 2004 The overall employment rate declined to 56.9 pct from 57 pct, due to a fall in the number of working women. The adjusted jobless rate among 15-24 year olds rose to 31. Read more

Italy Pmi Contracts at Slower Pace of 47.9 in March, Factory Activity falls for 8th Month Running

Apr 02 2012 08:31:07 Forexbrokerz.com in Market

News The Markit PMI edged up to 47.9 in March from 47.8 in Feb. Italian manufacturing output fell for the sixth month running in March, according to the PMI survey, The manufacturing output sub-index rising to 48.7 from 46. Read more

Italy Dmo Head says End Quarterly Trades Causing Rising Risk Premiums on Domestic Bonds

Mar 30 2012 14:31:22 Forexbrokerz.com in Market

News Italy DMO head Maria Cannata said that the end-Quarter trades likely to weigh on Italian Govt bonds The DMO head reiterated that the latest market movements as "a strange negative development." The yield premium Italian bonds pay over German Bunds rose sharply this week in volatile markets. Read more

Italy Hourly Wages Remain Unchanged In February

Mar 30 2012 12:01:08 Forexbrokerz.com in Market

Hourly wages of Italian employees remained unchanged in February, after rising modestly in the previous month, data released by statistical office Istat showed Friday. Read more

Italy Wage Inflation Stable at +1.4 Pct Y/y in Feb, Cpi at 3.3 Pct in Feb

Mar 30 2012 11:01:09 Forexbrokerz.com in Market

News Italian wage inflation remained stable at 1.4 y/y,  it was unchanged on monthly basis in Feb The consumer price inflation rate stood at 3.3 pct in Feb, based on the main domestic NIC index. The gap of 1. Read more

Italy Feb. Output Price Inflation Misses Forecast

Mar 30 2012 09:01:06 Forexbrokerz.com in Market

Italy's producer prices increased less than economists expected in February, data released by statistical office Istat showed Friday. The output price index increased 3.1 percent on an annual basis in February, slower than the 3.3 percent growth economists forecast. Read more

Italy 6-month Borrowing Costs Lowest Since 2010

Mar 28 2012 13:31:11 Forexbrokerz.com in Market

Italy saw its yield for 6-month debt fall to its lowest since September 2010 in an auction on Wednesday, as investor confidence improved over signs of easing in the sovereign debt crisis. The Italian Treasury sold EUR 8.5 billion of 6-month Treasury Bills in line with target. Read more

Italy Cabinet Revises Bank Fee Proposals on Credit Lines-Source

Mar 23 2012 17:31:08 Forexbrokerz.com in Market

News Italy cabinet on Friday approved decrees revising cuts to banking fees on credit lines -govt source "The government has approved a corrective decree on banking commissions-source added No further details were available on the precise content of the decree The material has been provided b... Read more

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