European political risk has risen as projections for the Italian election result point to deadlock, following a surge in support for the eurosceptic Five Star Movement and anti-immigration Northern League.
With votes still being counted, ex-Prime Minister Silvio Berlusconi's centre right coalition looks set to win the most seats in the lower house of parliament at around 248-268, but this is well below the...
The US dollar is close to peaking and the risks now seem to be on the downside.
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