Italian Current Account (Dec) 3109M (Prev. -1594M, Rev. From -1333M)
The Italian current account data for December showed a significant shift to a surplus of 3109M, compared to a deficit of -1594M previously reported.
Hungarian PM Orban's Chief of Staff says they would take steps in the scenario that Ukraine continues to halt Druzhba oil shipments
CVC (CVC NA) is reportedly working with Goldman Sachs (GS) on a EUR 1bln Marina unit sale, Bloomberg reports
Italian Current Account (Dec) 3109M (Prev. -1594M, Rev. From -1333M)
SNB has defined a standardised and scalable process for the ELF that will enable participating banks to quickly obtain liquidity support against collateral as necessary
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This improvement could indicate stronger external demand or improved trade balances, which may influence expectations for growth and the broader economic outlook in Italy. Traders should consider the implications for the Euro and Italian assets, as stronger fundamentals may support risk sentiment.
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