It is no secret that Italy is still recovering after the financial crisis that hit the entire world in 2008. 10 years later officials are still trying to attract capital and wealthy investors to the country in order to boost national economy. And the measures they are taking are most surely going to work.

To attract super-rich businessman to the country, Italian government has imposed a tax cut. Now the ultra-rich ones, even those, who earn hundreds of millions of dollars per year can only pay 100.000 euros tax once a year. Isn’t that a good offer?

Minister of Economy and Finance Fabrizio Pagani said “We have people from U.K., Switzerland, Russia, from U.S., the usual suspects. But we have also Norwegians and some Dutch and not necessarily in finance. Some of those people are art collectors. We are talking about very, very rich people.”

So, the offer is producing the demand.

According to the resources close to the officials, a new plan of market regulations is on its way. Country’s government is planning to cut the amount of money that the investors will be able to redeem from the market in a day.

The amount will add up to 10.000 yuan, or $1580. The same will apply for the amount that can be used for payments and consumption expenses.

Chinese money market cap rose to $1.1 trillion in the last year.

There are several important answers to be obtained this year. They concern oil, stocks and currencies. But the most interesting question of all is whether the Treasury yields will peak and if that that is to happen, when?

A week ago 10-year US treasuries have hit a 4-year high. Having reached the level of 2.9537 percent it seemed plausible to see the full 3 percent out of the notes. But now, after the whole week has passed and we didn’t see any progress or peaking, the question is still to be answered and spring may just be the time for the answer.

Of course, going up and down is quite alright for the markets, but for now there is not much optimism is the markets, as the traders now – too much of it can kill all the trading. And, as it already happened this year, there is still fear that the yield can fall lower than 2.6277 percent – that is the numbers we saw in the beginning of 2018.

Now we have to watch out carefully for every event in the world’s economy, as any change can be fatal for the markets.

Asian markets are surprisingly down this morning together with the dollar index. But reduced longer-dated bind purchases helped Japanese yen to rise despite bad performance of the market.

MSCI Asia Pacific and Topix Indexes fell 1 percent.

Hang Seng from Hong Kong fell 1.4 percent.

Futures on S&P 500 Index fell by 0.05 percent – a little decline for the Index.

Yen is feeling a bit better – 0.3 percent gain brings it to a price of 107.06 yen per dollar.

Euro is also better this trading day – but just a little bit – $1.2236 per euro.

WTI fell 0.4 percent - $62.75 per barrel.

Gold rose 0.05 percent – 1.318.79 USD per ounce.

Silver is at a cost of $16.393 per ounce.