- Japan, PMI manufacturing down in February
Manufacturing activity in Japan in February recorded the first contraction of the last two and a half years. In fact, in the current month, the manufacturing PMI index shows a decline to 48.5 from 50.3 in January.
- Fed: slower US growth in 2019
Risks to growth have pushed the Fed to take a break in interest rate hikes. However, the Fed appears to be divided on the next monetary policy moves.
- Britain is at risk of downgrading according to Fitch
Fitch Ratings put the double A rating on the sovereign credit of Great Britain into a negative credit watch, citing the risk of a downgrade in the case of a Brexit without an agreement with the EU.
- Italian industry: - 7.3% the turnover, worst decline since 2009
The turnover of the Italian industry, in December 2018, decreased by 3.5% compared to November, suffering the strongest fall on the foreign market. This was noted by Istat, which on a yearly basis shows a fall of 7.3%.
- The gold rush continues, at the highest for 10 months
The price of gold comes to $ 1,325 an ounce after spending most of the last two years under 1,300. The recent depreciation of the dollar contributes to pushing the precious metal, mirroring the positive signs that come from the US-China negotiations on trade.
- In December, the debt decreased to 2,316.7 billion
The public debt in Italy declined to € 2,316.7 billion in December, after the record of the previous month to € 2,345.4 billion. This is announced by Bankitalia.