Italy’s Di Maio: Italy will avoid the EU’s disciplinary procedure

There is no need to cut reforms in the budget, said Italy's Deputy Prime Minister Luigi Di Maio in an interview to Radio 4 this Friday.

He was further noted saying that Italy will avoid the EU's disciplinary procedure and has full confidence in Economy Minister Giovanni Tria.
 

GBP futures: recovery could extend further

CME Group’s advanced data for GBP futures markets noted open interest rose by almost 2K contracts on Thursday vs. Wednesday’s final 235,336 contracts.
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GBP/USD: Resistance at 1.2840 - Commerzbank

Karen Jones, analyst at Commerzbank, suggests that the GBP/USD is likely to find initial resistance at the 1.2840 levels after it has bounced off the
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