Italy to raise budget deficit target to about 12.8% of GDP from 11.9% in August - Reuters reports, citing sources

Market news

25 September 2020

Italy to raise budget deficit target to about 12.8% of GDP from 11.9% in August - Reuters reports, citing sources

To target 2021 budget deficit at 7%
To raise debt-to-GDP target to 160% from 157.6% in August; to aim to lower it to 156% in 2021
To set 2021 GDP growth target at 6%, up from 4.7% in April

Goldman Sachs picks EM currencies to back when "the dust settles" - CNBC

U.S. Durable Goods Orders: Core orders point to capex recovery continuing - Wells Fargo

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