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What Next For Italian Politics?

Investors will soon find out more details on what the next Italian government will look like, with lawmakers still trudging through the arduous task of forming a coalition after inconclusive elections.The big surprise of the March 4 vote was that Five Star Movement (M5S) and Lega, both parties known for anti-establishment and euroskeptic stances, managed to obtain around 50 percent of the popular vote. But crucially, neither one of those parties obtained a ruling majority.The government formation process from here will therefore be marked by horse-trading and backdoor discussions. Somewhat ironically, the incumbent Democratic Party (PD) led by (the now outgoing leader) Matteo Renzi, has become the kingmaker to the formation of the next government.

Source: Italy elections: Here’s what the next government could look like – CNBC [1]

DAX Edges Higher, Investors Await Eurozone CPI [2]

Thursday March 15: Five things the markets are talking about [3]

Risk-Off Continues to Seep [4]

This article 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 Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])