Italy's Confindustria cuts 2026 GDP forecast to 0.5% (prev. 0.7%)
Every headline is on the live feed 20 minutes before this site.
India government official says it is not aware of any Iranian LPG cargo headed to India
[MARKET ANALYSIS] Fixed income firmer as energy falters, dragging yields lower
Italy's Confindustria cuts 2026 GDP forecast to 0.5% (prev. 0.7%)
Italy sells EUR 2.0bln vs exp. EUR 1.75-2.0bln 2.20% 2028 BTP & EUR 2.0bln vs exp. EUR 1.5-2.0bln 1.10% 2031, 1.80% 2036 BTPei
[MARKET ANALYSIS] USD slightly firmer but off best after reports Iran has received the 15-point ceasefire plan; AUD lags
On the Newsquawk feed at , 20 minutes before this page.
Context
Confindustria’s reduction of Italy’s 2026 GDP forecast from 0.7% to 0.5% suggests a more cautious outlook for economic growth, potentially reflecting underlying issues such as sluggish demand or inflationary pressures. This downgrade may signal to policymakers the need for additional measures to stimulate growth, impacting expectations around future monetary policy and investments in the region.
Related headlines
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call20 hours ago
- [MARKET ANALYSIS] DXY gets some reprieve from recent selling as all eyes turn to Warsh following hot inflation metrics1 day ago
- US Market Wrap: Stocks recover from recent weakness as AI concerns ease1 day ago
- US FX WRAP: Dollar hit by lower US yields; AUD hit on poor jobs report1 day ago
- [MARKET ANALYSIS] DXY pressured on lower yields & AI concerns; AUD underperforms post-jobs data2 days ago
- UK GDP 3-Month Avg (Aug) 0.7% vs. Exp. 0.5% (Prev. 0.5%)2 days ago
- UK GDP (Aug YY) 2.1% vs. Exp. 1.7% (Prev. 1.8%)2 days ago
- UK GDP (Aug MM) 0.1% vs. Exp. -0.1% (Prev. 0.4%)2 days ago
- Germany's Finance Minister says he is not against China, China is an important partner, but is not playing by the rules and we should not be naive1 day ago
- IMF's chief Georgieva says northern countries need to rebuild their fuel reserves as winter is coming, adds no growth can reverse rising debt fast enough without fiscal effort and that central banks should be laser-focused on price stability1 day ago
- Japan is to sidestep 3.5% defence spending target despite US pressure, according to Asahi1 day ago
- Japan's Finance Minister Katayama says can't comment whether we would need extra budget or not, adds even if needed, the extra budget would be limited to urgent policy priorities1 day ago
- Japanese Economy Minister Kiuchi says proactive fiscal policy does not mean lax fiscal discipline 2 days ago
- Week in Focus 19-23rd October 2026: Highlights include UK, Japan and Canada inflation, China Activity Data and Global Flash PMIs 14 hours ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 14 hours ago
- US FX WRAP: Dollar weighed by Warsh avoiding forward guidance 15 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 2+ TICKS LOWER AT 105-14+15 hours ago
- US EQUITY OPEN: Stocks mixed at the open as AI stock rout continues21 hours ago
- Newsquawk European Market Wrap - 16th October 202621 hours ago
- Newsquawk Daily Economic Releases - 19th October 202621 hours ago
The feed had this first.
Use the Platform