Snap Election Looks Less Likely In Italy, Focus On BOE Decision To Be On Negative Rate Outlook

<p>Notes/Observations BOE expected to keep policy unchanged; focus on its negative rate review Italy political situation seems less likely that country will hold snap elections as Draghi appears to be the right person for the PM position Asia: Australia Dec Trade Balance: A$6.8B v A$8.8Be; Exports M/M: 3% v 6%e; Imports M/M: -2% v -2%e [&#8230;]</p>
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