Posts so far:
- Italy - constitutional crisis imminent? Fresh elections?
- Italian politics - PM designate and President to meet
- Weekend Italian politics - attempt to form government fails
The Wall Street Journal has a recap up, it may be gated but if you can access:
Italy in Turmoil as New Government Fails to Form
President rejects anti-establishment parties' nominee for the economy ministry, may turn to former IMF official to try to form new government
- Italian president blocked the formation of a new government supported by two anti-establishment parties due to concerns the coalition could endanger Italy's membership in the single currency
EUR/USD is a little higher than its late Friday levels in American trade. I am in the camp that this Italian news is a euro negative (on uncertainty).
Meanwhile - NKK / US summit looks to be back on:
- Trump tweets - US team has arrived in North Korea to make arrangements for Summit
- Latest on North Korea - Trump / Kim meeting looks to be on again
This NK news is a risk positive, yen negative
