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Tag: Italy

Italy Does Not need New Budget Measures - Pm Monti

Feb 23 2012 16:31:02 Forexbrokerz.com in Market

News Italy PM Mario Monti reiterated on Thursday that Italy does not require any supplementary budget measures to meet targets Comments come after a European Commission forecast pointed to a deep recession this Year Quotes "We don't see any need to introduce additional measures to help growth. Read more

Italy Feb. Consumer Sentiment Improves More Than Expected

Feb 23 2012 10:31:03 Forexbrokerz.com in Market

Italy's consumer confidence improved more than economists expected in February, helped by a marked improvement in the economic component, data released by statistical office Istat showed Thursday. The consumer confidence index increased to 94.2 in February from 91.8 in January. Read more

Italy January Inflation Unrevised At 3.4%

Feb 22 2012 11:31:03 Forexbrokerz.com in Market

Italy's EU measure of inflation slowed as estimated earlier in January, final data released by statistical office Istat showed Wednesday. The harmonized index of consumer prices (HICP) increased an unrevised 3.4 percent year-on-year in January, following the previous month's 3.7 percent increase. Read more

Italy Dec. Industrial Orders Fall Less Than Expected

Feb 20 2012 09:31:02 Forexbrokerz.com in Market

Italy's industrial new orders decreased less than economists expected in December, data released by statistical office Istat showed Monday. New orders received by Italian industries deceased 4.3 percent on an annual basis in December, slower than the 5.6 percent fall economists forecast. Read more

Italy Police Seize $6 Trillion of Fake U.s. T-Bonds

Feb 17 2012 16:31:15 Forexbrokerz.com in Market

News Italian police said that they had seized about $6 trln of fake U.S. Read more

Italy Slips Into Recession In Q4

Feb 15 2012 09:31:13 Forexbrokerz.com in Market

The Italian economy contracted for the second consecutive quarter in the last three months of 2011, preliminary data from the statistical office Istat showed Wednesday. The gross domestic product declined by a more than expected 0.7 percent from a quarter ago. The decline was bigger than the 0. Read more

Italy Debt Auction Meets Target, Yield Falls

Feb 14 2012 13:01:08 Forexbrokerz.com in Market

Italy raised the targeted amount at lower cost in an auction on Tuesday, just a day after Moody's Investor Service downgraded the country's rating. The Italian Treasury sold EUR 6 billion bonds or BTPs maturing in November 2014 & 2015 and February 2017. Read more

Italy Debt Sale Meets Target

Feb 13 2012 12:01:04 Forexbrokerz.com in Market

Italy raised the targeted amount at a debt auction on Monday that saw the country's one-year borrowing costs fall. The Italian Treasury raised a total EUR 12 billion from the sale of its treasury bills or BOTs, which was in line with the target set for the sale. The country sold EUR 8. Read more

Italy to Balance Budget in 2013 if Spread Doesn't Expand -Boi Deputy

Feb 09 2012 17:31:02 Forexbrokerz.com in Market

News Italy must reach its goal of a balanced budget in 2013 if the spread between Italian benchmark bonds and safer German Bunds remains around 300 bps - BOI Deputy, Fabrizio Saccomanni Deputy said , However, the target will probably be missed if borrowing costs rise again Saccomanni added tha... Read more

Monti Expresses Confidence That New Reforms Will Shield Italy from Greek Risk-Radio

Feb 08 2012 11:31:06 Forexbrokerz.com in Market

News Italian Monti is confident that reforms undertaken by his country will help shield Italy from Greek debt rise.   He also said in an interview that as Greece is struggling to reach an agreement on a new bailout package and is unlikely to default. Read more

Italy Banks Deposit fall by 0.5 Pct Y/y in Dec, Lower Loan Growth

Feb 08 2012 10:31:12 Forexbrokerz.com in Market

News Private sector deposits at Italian banks shrank by 0.5 pct y/y after a 0.7 pct y/y fall in Nov  The growth of loans to the private sector slowed to 2.3 pct from 3.5 pct in Nov, the lowest growth since Nov 2010. Read more

Research: Italy Remains a Potentially Important Weak Spot in Eurozone

Feb 07 2012 12:31:07 Forexbrokerz.com in Market

Quotes from Standard Chartered: -The steady improvement in US manufacturing PMIs has been mirrored in continental Europe, despite persistent European sovereign debt stresses. Read more

Ecb Funding to Italy Banks at 202.6 Bln Euros in Jan V/s 202.6 Bln Euros in Dec

Feb 07 2012 11:31:05 Forexbrokerz.com in Market

News ECB funding to Italian banks was litlle less at 202.6 bln Euros in Jan from about 210 bln Euros in Dec  ECB has injected nearly half a trln Euros in three-year funds in Dec LTRO and planning carry out a second such operation at the end of Feb. Read more

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