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Italian Referendum Will Not Be Delayed

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The Italian government is not considering delaying a Dec. 4 referendum on constitutional reform that could decide the future of Prime Minister Matteo Renzi, the premier’s office said on Wednesday.

Italian government bond yields fell earlier in the day after Interior Minister Angelino Alfano said he would personally give “great consideration” to the idea if it were to be proposed by the opposition.

Renzi’s office said it “categorically denies the hypothesis of a delay in the vote”.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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