What Next as Italy Heads For Hung Parliament?

Sunday’s election in Italy appears to have given no party a clear majority — signaling a period of political instability for one of Europe’s biggest economies.As of Monday morning local time, the official vote count indicated that a center-right bloc will gain the most seats in parliament — though that group does not include the day’s top vote-getter, the anti-establishment Five Star Movement.Those results are in line with market expectations. Italy will now try to calm markets, while its many political parties work to form a new government and appoint a prime minister.

Source: Italian election likely to end in hung parliament — here’s what’s next – CNBC

Futures Steady as Trump Tariff Stance Hardens

Trumps Tariff Torpedo ?

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.