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Italian Govt. Sources: Conte unlikely to suggest any new deficit target in meeting with Juncker

According to a Reuters report, citing two government sources, Italian Prime Minister Giuseppe Conte is unlikely to suggest any new deficit target during his meeting with the European Commission head Jean-Claude Juncker.

Additional quotes:

   •  There are excellent chances that the EU won't discipline Italy if Rome agrees to a deficit target of 2.0%.
   •  However, neither coalition party i.e. Salvini and Di Maio wants to lower the deficit target to below 2.2%.

Gold Technical Analysis: Set-up points to more gains in the near-term

   •  The precious metal trimmed a part of its daily gains to $1250 area and is currently placed at the lower end of an intraday ascending trend-chann
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UK PM May's Spokesman: Government will bring the deal back to parliament for a vote before Jan. 21

The UK PM Theresa May's spokesman was out on the wires in the last hour, saying that the Cabinet will meet on Wednesday afternoon and the discussions
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