Danske Bank - Italian Standoff - Podcast - 25.05.18

Italy seems to be heading for a government that has plans to both sharply increase the deficit and respect EU rules, which is not possible at the same time. A drastic result, like Italy leaving the euro, remains very unlikely, but the mere possibility is rattling markets. Keep an eye on that in the week ahead, but also on inflation indicators (the podcast is in English this time, back to Danish next week).