Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Article / 27 February 2018 at 15:34 GMT

Infographic: A guide to the March 4 Italian election — #SaxoStrats

Head of Macro Analysis / Saxo Bank
By Christopher Dembik

There is no clear majority in sight as head into the March 4 Italian election. While the eurosceptic Five Star Movement is leading in the polls, their reluctance to form a coalition government means that a weak centre-right or centre-left coalition is the more likely outcome, but even this remains far from certain.

While the vote may prove crucial for those seeking to gauge Italian sentiment on immigration, the European Union, and populism, it appears that it will prove less destabilising for markets given the relative unanimity of support for loose fiscal policy and a broad pricing-in of economic stagnation.

Christopher Dembik is head of macro analysis at Saxo Bank
fxtime fxtime
Hmmm not sure this could be a black swan event as there is just too much complacency here.Italy may well stall on immigration and place additional strain on say Greece .....populism is a catchy creed with no real economic dogma but plenty of idealism and that can be a thorny issue for Europe IMHO.
David12 David12
Hi Fxtime, may I have your email address ?


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