ECB’s Nowotny: Italy plans create a lot of nervousness

The European Central Bank (ECB) Governing Council member Ewald Nowotny was on the wires last hour, via Reuters, speaking on the Eurozone economy and Italian politics in Prague.

Key Points:

Italy plans create a lot of nervousness.

Eurozone inflation won't rise dramatically.

Eurozone economy is not overheating.

Hong Kong SAR Consumer Price Index: 1.9% (April) vs previous 2.6%

Hong Kong SAR Consumer Price Index: 1.9% (April) vs previous 2.6%
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GBP/USD struggles near YTD lows, around 1.3400 handle

   •  Persistent USD buying/reemerging Brexit concerns keep exerting pressure.    •  Technical selling below mid-1.3400s further aggravates the downf
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