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Source: Italy’s FinMin Tria is said to have threatened to resign - Reuters

Reuters is citing a Five-Star party government source, as saying that the Italian Finance Minister Tria is said to have threatened to resign from his budget on the budget conflict.

Key Headlines:

Tria is holding on to a deficit target of 1.6%.

Italy's ruling parties (Lega and Five-Star) are in agreement.

And that is not necessary to have a deficit target of 2.4% but must be above 2%.

A test of 113.00 and above is not ruled out in USD/JPY – UOB

USD/JPY could still attempt to reach the 113.00 handle and above in the near term, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “
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When is the German Prelim CPI and how could it affect EUR/USD?

The German Prelim CPI Overview The German inflation data is up for release later this session at 1200 GMT, with the CPI figures expected to tick high
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