DAX: A shooting star candle at a fractionally new record high..Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle.

 

Italy ‘’is not a political crisis’’
Says its Partito Democratico economy minister

In Davos yesterday, Roberto Gualtieri told CNBC that Wednesday’s resignation of Luigi Di Maio as leader of the 5 Star Party, coalition partner since September with the PD, ‘’it is not affecting neither the government, nor the majority’’. Mr Di Maio will carry on in his role as foreign minister. This comes against a background of an important regional election looming in Emilia Romana where Salvini and his Legua Party are currently (and surprisingly for this left-leaning part of the country) are ahead in opinion polls.

The central Chinese city of Wuhan, with 11 million inhabitants and where the latest respiratory virus was first spotted, has not only had all inter-city transport cancelled but now also all public transport shut down. Face masks must be worn in public and hospitals are struggling to test and treat potential victims.

Financial Markets and Political Commentary

 

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