Italy has long presented a paradox to outsiders, with political volatility existing alongside a sophisticated, export-orientated industrial economy. The country is a member of the Group of Seven rich nations and a leading member of the European Union.
The pound was lower on foreign exchanges today as the political crisis over Brexit deepened. Suggestions at the weekend that Prime Minister Boris Johnson could be deposed and replaced by a caretaker premier added to the sense of national turmoil.
Oil prices are being pulled in different directions with fears of an economic slowdown weighing them down but hopes for new production cuts brightening the outlook. Meanwhile, extra uncertainty arises with a naval build-up in the Persian Gulf as the U.S. leads attempts to protect shipping from Iranian interference.
President Donald Trump has accused China of devaluing its currency to sell more goods abroad. But what are the facts behind the recent decline in the value of the yuan?
The Royal Bank of Scotland has seen a continuing decline in its share price, despite better than expected half-year results. The majority state-owned bank has warned of political uncertainty and increased competition for mortgage lending.
Hong Kong’s blue-chip Hang Seng index has been battered as pro-democracy protests have raged in the streets of the territory. Other big worries are the US-China trade war and a possible slowdown in the mainland Chinese economy.
Gold prices are at a 12-month high as tensions mount between the US and China. With the trade war thought likely to prompt further US interest rate cuts, many see bullion as a better investment than dollar assets.
Sterling took another beating on foreign exchanges on fears of a no-deal Brexit. The pound was down against the euro, the dollar and the yen, continuing months of steady decline.
Cryptocurrency prices have been on a rollercoaster ride during the last two years, and that should mean there are bargains out there. But which is the cheapest cryptocurrency?
Crude prices are being tugged in two directions, as tensions in the Persian Gulf push them upwards while slowing global growth puts a lid on any gains. Oil producers are hoping faster growth next year in some parts of the world will make up for an expected slowdown elsewhere.
The euro is at a 12-month low against the dollar, adding fuel to claims by President Trump that this is a deliberate policy to boost European exports. But the European Central bank insists it is focused entirely on controlling inflation
So-called absolute return funds have been around for decades, but it was the aftermath of the financial crisis that saw them become mainstream. Investor frustration at seeing fund managers being paid “rewards for failure” led to a search for strategies that delivered concrete results.
Bullion prices are on an upward ride as traders and investors expect a cut in US interest rates, making dollar assets less attractive. The latest International Monetary Fund report on the global economy gives the US a good reason to slash borrowing costs.
Neither political uncertainty nor corporate scandals has seriously damaged Germany’s flagship stock index, the DAX 30. Even the demise of Deutsche Bank’s global ambitions has barely ruffled the wider investment scene.
Voting ends later today in the race to success British Prime Minister Theresa May. Shares were higher in early trading but sterling dropped against major currencies.