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Italy to support weaker banks
Italy
Italy's government may need to support the weaker banks via injecting capital directly, in an attempt to boost their financial strength, as per a governmental source today.
Italy may support weaker banks while Russia remains stable after the Brexit
Russia
Elvira Nabiullina, Russia's central bank governor, said today that the Brexit would have a minor impact on the economy.
Japan
Japan's housing starts climbed from 9.0% to 9.8% and did not match the economists' estimations for a drop to 4.8%.
Germany
Germany's retail sales escalated from -0.3% to 0.9%. The economists expected the indicator to appreciate 0.7%.
Switzerland
The Swiss KOF economic barometer rose from 101.8 to 102.4. The analysts estimated the figure to drop to 102.8.
Turkey
The Turkish trade balance dropped from -4.21 to -5.05B. The analysts and the economists predicted the TTB to fall -5.10B.
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Thursday, 30 Jun, 2016 / 11:40
Source : https://www.argusfx.com/en/research-education/market-analysis/news/italy-to-support-weaker-banks
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