Look for:

Our offer for

Research Detail

2020/01/24 / Erste Group Research

Week Ahead | Political risks in Italy rise

Triggered by drastically declining approval rates and an ongoing dispute over the direction of the party, this week Luigi Di Maio resigned as head of the 5-star movement that currently rules Italy. This benefits the right-wing Lega party, which is currently rushing from success to success in regional elections. A clear electoral success of the Lega on Sunday in the regional elections in Emilia Romagna could lead to a slight further rise in risk premiums for Italian government bonds.

At next week’s meeting the Fed's FOMC should leave monetary policy untouched. The most exciting question will likely be how Chairman Powell assesses the economic impact of the trade deal with China.

Eurozone GDP growth should stabilize at around +0.3% q/q in Q4 2019. We expect Eurozone inflation to remain stable at around +1.3% to +1.4% y/y in January. The main focus will be on the development of core inflation.

PDF Download Download PDF (282kB)

General information

AuthorErste Group Research
Date2020/01/24
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
Download



Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer