Thursday May 17th 2018

In Italy, the populist parties aiming for a coalition Italian government are said to be demanding a €250bn debt write down by the ECB. Phil Dobbie asks NAB’s Gavin Friend whether they’re likely to get it, what the reaction has been and whether Greece could be joining the queue. Meanwhile, US bond yields rise further and the US dollar is back on the rise. They also look at the Aussie and Kiwi dollars, both strong performers on the currency markets this morning.