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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7420.11
7420.11
7420.11
7532.17
7402.61
-91.23
-1.21%
--
--
DJI
Dow Jones Industrial Average
51492.54
51492.54
51492.54
52281.19
51392.58
-507.12
-0.98%
--
--
IXIC
NASDAQ Composite Index
26021.65
26021.65
26021.65
26511.55
25960.41
-354.69
-1.34%
--
--
USDX
US Dollar Index
100.120
100.120
100.200
100.320
99.210
+0.830
+ 0.84%
--
--
EURUSD
Euro / US Dollar
1.15002
1.15002
1.15026
1.16163
1.14776
-0.01077
-0.93%
--
--
GBPUSD
Pound Sterling / US Dollar
1.32889
1.32889
1.32976
1.34345
1.32616
-0.01373
-1.02%
--
--
XAUUSD
Gold / US Dollar
4256.64
4256.64
4257.08
4382.35
4219.01
-74.64
-1.72%
--
--
WTI
Light Sweet Crude Oil
74.899
74.899
74.994
79.051
74.009
-0.877
-1.16%
--
--

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According To Iranian State Media, Iranian Parliament Speaker Qaribaf Stated That Iran Will Naturally Collect A Service Fee For The Strait Of Hormuz

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The U.S. Has Disclosed 14 Provisions Of The U.S.-Iran Memorandum Of Understanding

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In His Federal Reserve Debut, Waller Presided Over A Broad Decline In U.S. Equity Indices: The Nasdaq Fell 1.34%, The S&P 500 Dropped 1.21%, And The Dow Jones Industrial Average Declined 0.97%. SpaceX Shares Fell Nearly 5%, NVIDIA Slid 1.3%, While Western Digital Rose More Than 4%. The Nasdaq Golden Dragon China Index Closed Down 1.1%, And Li Auto Fell 3%

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U.S. Stocks Close Lower As Waller Makes Fed Debut; All Three Major Indices Decline

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Rejecting Forward Guidance And Avoiding Rate Path Disclosures: Waller Reshapes The Fed's Communication Approach

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The Market Has Fully Priced In Two Fed Rate Hikes By The End Of The First Quarter Of 2027

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Market Expectations Shifted Sharply Following The Federal Reserve's Decision, With Markets Now Actively Pricing In Two Rate Hikes By Year-end

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According To The Wall Street Journal, Federal Reserve Chair Waller's First Press Conference Was Slightly Shorter Than Usual

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According To The Wall Street Journal: Federal Reserve Chairman Warsh's First Press Conference Was Slightly Shorter Than Usual

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Spot Silver Fell Below $67 Per Ounce, Down 4.32% On The Day

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The US Dollar Rose To Its Highest Level Against The Japanese Yen Since July 2024, Currently Trading At 160.75

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Emerging Market Stock Indices Erased Gains As The Federal Reserve Turned Hawkish

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The Yield On The 2-year U.S. Treasury Note Rose To 4.20%, Its Highest Level Since February 2025

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The Euro Fell 1.00% Against The US Dollar On The Day, Currently Trading At 1.1492

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Spot Gold Fell $100 During The Day, Currently Trading At $4230.52 Per Ounce, A Drop Of 2.32%

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Wash: Hopes The Market Will Price Assets Based On Actual Economic Conditions Rather Than Following The Fed's Interpretations

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According To The Islamic Republic News Agency (IRNA), The United States Has Pledged To Grant Iran Access To Its Frozen Funds During The Implementation Of The Memorandum Of Understanding. The Two Sides Will Agree On An Asset Unfreezing Mechanism During Negotiations

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Wash Did Not Disclose Whether He Had Communicated With Trump

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According To The Islamic Republic News Agency (IRNA), The United States Pledged To Grant Exemptions For Iranian Exports Of Oil, Petrochemical Products And Derivatives, As Well As All Related Services, Between The Signing Of The Memorandum And The Lifting Of Sanctions

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According To The Wall Street Journal: CME Group CEO Terry Duffy Will Step Down, And The CFO Will Take Over The Position

TIME
ACT
FCST
PREV
IMPACT
U.K. Core CPI MoM (May)

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South Africa Core CPI YoY (May)

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South Africa CPI YoY (May)

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IEA Oil Market Report
Euro Zone Core CPI Final MoM (May)

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Euro Zone CPI YoY (Excl. Tobacco) (May)

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  • EURUSD
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South Africa Retail Sales YoY (Apr)

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  • XAUUSD
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U.S. MBA Mortgage Application Activity Index WoW

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Core Retail Sales (May)

A:--

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Retail Sales (May)

A:--

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Retail Sales YoY (May)

A:--

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Retail Sales MoM (May)

A:--

F: --

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Core Retail Sales MoM (May)

A:--

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
Canada New Housing Price Index MoM (May)

A:--

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USDCAD
  • USDCAD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Commercial Inventory MoM (Apr)

A:--

F: --

P: --
USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Pending Home Sales Index YoY (May)

A:--

F: --

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Pending Home Sales Index MoM (SA) (May)

A:--

F: --

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Pending Home Sales Index (May)

A:--

F: --

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. EIA Weekly Crude Oil Imports Changes

A:--

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. EIA Weekly Crude Demand Projected by Production

A:--

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. EIA Weekly Cushing, Oklahoma Crude Oil Stocks Change

A:--

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. EIA Weekly Gasoline Stocks Change

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. EIA Weekly Crude Stocks Change

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. EIA Weekly Heating Oil Stock Changes

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Russia PPI MoM (May)

A:--

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Russia PPI YoY (May)

A:--

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WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. Target Federal Funds Rate Lower Limit (Overnight Reverse Repo Rate)

A:--

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XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Target Federal Funds Rate Upper Limit (Excess Reserves Ratio)

A:--

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P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
FOMC Statement
FOMC Press Conference
Brazil Selic Interest Rate

--

F: --

P: --

U.K. 3-Month ILO Unemployment Rate (Apr)

--

F: --

P: --

U.K. Unemployment Rate (May)

--

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U.K. Unemployment Claimant Count (May)

--

F: --

P: --

U.K. 3-Month ILO Employment Change (Apr)

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U.K. Average Weekly Earnings (3-Month Average, Excluding Bonuses) YoY (Apr)

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U.K. Average Weekly Earnings (3-Month Average, Including Bonuses) YoY (Apr)

--

F: --

P: --

Indonesia 7-Day Reverse Repo Rate

--

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Indonesia Lending Facility Rate (Jun)

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Indonesia Deposit Facility Rate (Jun)

--

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Indonesia Loan Growth YoY (May)

--

F: --

P: --

Euro Zone Current Account (Not SA) (Apr)

--

F: --

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Italy Quarterly Unemployment Rate (SA) (Q1)

--

F: --

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Euro Zone Current Account (SA) (Apr)

--

F: --

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Euro Zone Construction Output YoY (Apr)

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Euro Zone Construction Output MoM (SA) (Apr)

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F: --

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U.K. BOE MPC Vote Cut (Jun)

--

F: --

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U.K. BOE MPC Vote Unchanged (Jun)

--

F: --

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U.K. BOE MPC Vote Hike (Jun)

--

F: --

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U.K. Benchmark Interest Rate

--

F: --

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MPC Rate Statement
U.S. Philadelphia Fed Business Activity Index (SA) (Jun)

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U.S. Philadelphia Fed Manufacturing Employment Index (Jun)

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Canada Industrial Product Price Index MoM (May)

--

F: --

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U.S. Initial Jobless Claims 4-Week Avg. (SA)

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U.S. Weekly Initial Jobless Claims (SA)

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Canada Industrial Product Price Index YoY (May)

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U.S. Weekly Continued Jobless Claims (SA)

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F: --

P: --

U.S. Conference Board Leading Economic Index MoM (May)

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U.S. Conference Board Coincident Economic Index MoM (May)

--

F: --

P: --

U.S. Conference Board Lagging Economic Index MoM (May)

--

F: --

P: --

Q&A with Experts
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    EuroTrader flag
    Yong Tariq
    I told u guys before now that the FED aren’t cutting any rate 😂
    @Yong Tariqwe knew they won't cut rates . what we were looking out for today was the forward guidance
    EuroTrader flag
    Soulman1
    @EuroTraderu were formally selling Eurusd why did u change ur bais. well I guess it's because u didnt know where money was flowing too cu, technically u really really good
    @Soulman1I already hit take profit on one position on Eurusd. and i did t change bias. iIwas sitting on the fence as we awaited the FOMC numbers
    Ashok Sen flag
    now gold will fly to moon
    Mankind flag
    Pls can someone educate me what happened to the market today?
    Lonewolve flag
    Ashok Sen
    now gold will fly to moon
    @Ashok Sen true it's still gonna fly down
    Lonewolve flag
    Mankind
    Pls can someone educate me what happened to the market today?
    @Mankindsomeone said something and what that someone said after the market to go down and technically the market is supposed to go down
    Lonewolve flag
    Mankind
    Pls can someone educate me what happened to the market today?
    @Mankindthis is all I know
    Soulman1 flag
    EuroTrader
    @Soulman1I already hit take profit on one position on Eurusd. and i did t change bias. iIwas sitting on the fence as we awaited the FOMC numbers
    @EuroTraderi trust u
    Soulman1 flag
    Mankind
    Pls can someone educate me what happened to the market today?
    @MankindFoMc announcement of interest rate
    Aboduu flag
    what new
    Soulman1 flag
    BUy BTC now SL; 63994 TP: 67300
    EuroTrader flag
    Ashok Sen
    now gold will fly to moon
    @Ashok Sen but the bias is still negative right .how's it gonna head higher
    EuroTrader flag
    Ashok Sen
    now gold will fly to moon
    @Ashok Sen what metrics are you looking at to arrive at the conclusion
    EuroTrader flag
    Ashok Sen
    now gold will fly to moon
    @Ashok Sen what metrics are you looking at to arrive at the conclusion
    EuroTrader flag
    EuroTrader flag
    EuroTrader flag
    EuroTrader
    @Soulman1this was my shorts on Eurusd. was a risky one due to FOMC but worth the risk
    Soulman1 flag
    EuroTrader
    @Soulman1this was my shorts on Eurusd. was a risky one due to FOMC but worth the risk
    @EuroTradersmart🔥🔥
    𝐊𝐚𝐩𝐨𝐱 𝐟𝐱 𝐯𝐥𝐩 flag
    𝐊𝐚𝐩𝐨𝐱 𝐟𝐱 𝐯𝐥𝐩 flag
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          Franco-Italian Honeymoon Hits Troubled Waters as Macron Loses No. 1 Ally in Rome

          Thomas
          Summary:

          With the departure of Italian PM Mario Draghi, France fears transalpine tensions will be back.

          As he says goodbye to his top ally in Europe, French President Emmanuel Macron is bracing for the worst.
          Macron and his closest confidante in the European sphere, Italian PM Mario Draghi, were once the steady duo that coalesced across EU policy areas as they saw eye to eye on a range of issues — from fiscal policy to the critical issue of European defense.
          Under Draghi, Rome and Paris became closer than ever as the two leaders signed a bilateral treaty last year in a lavish hall of the Quirinale palace. After years of Franco-Italian diplomatic tensions, here was a partnership — perhaps when Europe needed it most — that fought common battles on the international stage, from tackling rules on capping the price of gas to building consensus on assisting war-torn Ukraine.
          But the honeymoon might be over.
          In a stunning ouster, precipitated by the anti-establishment 5Star movement, and brought to its spectacular finale by the Italian right, Mario Draghi resigned on July 21, throwing the country into turmoil. Italy is heading to the ballot box in September and a right-wing coalition led by Giorgia Meloni is leading the polls.
          "I am totally depressed," a French minister told POLITICO last week, commenting on the overthrow of Draghi and the rise of Meloni. "I am a big fan of Draghi," the minister said.
          What's on the horizon is stirring deep fears in the French establishment as the downfall of the Italian premier comes at a perilous moment for Europe — whose unity on everything from Ukraine to climate change could be tested by the rise of populists.
          Over the past five years in opposition, Meloni, leader of the far-right Brothers of Italy, relentlessly attacked the French government and Macron on issues ranging from industrial tie-ups and migrant flows to sovereignty over the summit of Mont Blanc, which straddles the transalpine border. Having Meloni as his new Italian counterpart would be a sea change for Macron, who is having to suddenly confront a PM pushing anti-French sentiment where there was once a France-friendly ally.
          The concern is widely shared within Macron's governing majority and among many French observers.
          "If the right-wing coalition wins, it is certain that Franco-Italian tensions will start again," warned Marc Lazar, a specialist on relations between the two countries and professor at Sciences Po Paris, "There are big concerns in Paris and in the government for what happens in Italy," he added, noting that Paris would be Meloni's main "target."
          The right-wing leader has systematically attacked France for taking control of Italian industrial jewels and accused Italy's center-left Democratic Party of being Paris' accomplice. Meloni also slammed France's intervention in Libya as "neocolonialism," and fuelled territorial disputes, accusing former Italian PM Paolo Gentiloni of giving up to France part of its fishy territorial waters and attacking France for allegedly moving the Franco-Italian border on the Mont Blanc.
          "Mrs. Meloni is a strong personality who clearly belongs to an extreme right-wing family derived from fascism," argued Jean-Louis Bourlanges, the president of France's National Assembly foreign affairs committee, adding that "Draghi's departure is very bad news" for France as there was a "deep convergence" with Macron.
          While Meloni kept criticizing France from the opposition benches, Draghi deepened his friendship with Macron. The Franco-Italian axis "got even stronger as German Chancellor Olaf Scholz is more than discrete" compared to his predecessor Angela Merkel, said Lazar, noting that Macron and Draghi have "an excellent personal relationship." When Draghi resigned, Macron praised him in a long communiqué calling him his "friend" and "a friend of France."
          The transalpine friendship reached its acme last November, when the two countries sealed the so-called Quirinale Treaty in Rome, a bilateral pact modeled on the Franco-German Elysée Treaty. For Meloni, it is an "absurd treaty" which "opens the door wide to the unwieldy neighbor who would like to reduce Italy to a branch of Paris."
          France's National Assembly this week unanimously voted to ratify the Franco-Italian pact, but in Italy things didn't go so smoothly. The deal won a green light from the Italian parliament, but faced opposition from Meloni's lawmakers.
          Eléonore Caroit, the MP from Macron's party responsible for the file, welcomed the fact that French lawmakers ratified the treaty before the Italian elections.
          "This is a treaty with a stronger contractor, France, who will interpret it as it pleases, for its own interest," said Andrea Delmastro Delle Vedove, one of the MPs from Meloni's party who voted against the deal and accused France of "predatory acquisitions" of Italian companies.
          According to the Brothers of Italy, the treaty would help Paris take control of Italian industrial assets, as has happened in recent years. Meloni slammed the Franco-Italian merger between carmakers Fiat-Chrysler and PSA (an "outsale" to the French, as she put it). When Paris and Rome abandoned plans for Italy's Fincantieri to take over France's Chantiers de l'Atlantique, the Brothers of Italy saw it as further evidence that the Franco-Italian relationship was unbalanced and that Italy was "a colony" of France.
          If she wins the election, Meloni will tell the French that industrial cooperation must go in both directions, Delmastro Delle Vedove, Meloni's MP, said.
          Meloni's direct attacks on Macron and France have become less frequent in the past months, as she aims to build credibility on the international stage and appear less divisive ahead of the September election. Meloni has repeatedly rejected links between her party and fascism.
          Should Italy's right-wing win, the French will realize that dealing with Rome will get "a lot more complex, maybe nearly impossible" and Macron will refocus on his long-time ally (Germany), predicts Lazar.
          "No doubt there will be an even stronger rapprochement of the relationship between Paris and Berlin."
          The fate of the Franco-Italian love affair now squarely rests on the outcome of the Italian election and whether Macron can still count on an ally in Rome.
          Meloni's main contender, the center-left Democratic Party led by Enrico Letta, is very close to France and Macron.
          During six sabbatical years away from the chaos of Italian politics, Letta moved to Paris, where he became an academic, chaired a think tank, and became closer to Macron's government.
          Letta's proximity to France and Macron has raised criticisms from Meloni's party, who repeatedly accused the Democratic Party of representing French interests, something the Democrats reject.
          "To defend Italy's strategic interests in Europe we need France because we have a series of completely aligned priorities," said MP Lia Quartapelle, the foreign affairs point person for the center-left Democratic Party.
          "Going against the French is the national sport of the nationalist right-wing."

          Source: Politico Europe

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