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Italy to tell EU Commission that budget tightening would be a mistake - Il Messaggero

The Italian newspaper, Il Messaggero, reports the latest headlines, citing that the Italian government will tell the EU Commission that budget tightening would be a mistake.

Separately, La Stampa, cited that Italian 5-Star Party is ready to have League Party pick a new Economy Minister.

US Dollar Index appears sidelined above 98.00

The greenback is alternating gains with losses in the second half of the week, always navigating above the key 98.00 barrier when measured by the US D
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NZ: Recurrent spending ramped up in Budget 2019 - TDS

Analysts at TD Securities note that in the 2019 'Wellbeing' Budget of NZ economy, the Ardern government has ramped up recurrent spending targeting non
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