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21 Jan 2020

Italy’s Di Maio poised to stand down as leader of Five-Star party

There are reports Italy’s Foreign Minister, Di Maio, is poised to stand down from the position as leader of the Five-Star party.

In earlier news, he said the European Union cannot forge a migrant policy without Italy. ''Italy is the country in Europe that has suffered the most from the migratory crisis of the last 10 years, in particular since some (countries) bombed Libya in 2011,'' Di Maio said.

''We paid for faults that were not ours and today we sent a clear message to the EU. 'Without Italy, the EU cannot make it, and that's why we expect our requests to be met''.

Di Maio said a ''new beginning is necessary for the EU.

''The European Commission has reopened negotiations on migration and asylum and soon a new European pact will be reached on the migration issue'', the minister announced on Facebook after the meeting.

Tere is little here to upside FX markets at this stage.

Jan 21, 2020

Fed: New voters at the FOMC, not a game changer – Wells Fargo

On January 29, the Federal Reserve will announce its first decision of 2020, with new members at the FOMC. Analysts at Wells Fargo do not see the new

Gold: Any correction is seen as an opportunity to enter a long position – TD Securities

Analysts at TD Securities see gold rising over the next months and project it will hit $1,650/oz sometime in the second half of 2020 Key Quotes: “Gold