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Italy leads European mini-bounce as election risk fades slightly
Hopes that Italy might avoid a potentially damaging general election lifted European markets on Wednesday, bringing Italian bond yields off multi-year highs and dampening some of the recent buying interest for German and U.S. government bonds. The backdrop for world markets remained sombre, however, as the United States revived trade war fears with an announcement that it would press ahead with tariffs and restrictions on Chinese investments, and Beijing threatened to retaliate.
https://finance.yahoo.com/news/worsening-italian-crisis-batters-financial-000352791.html?.tsrc=rss
Hopes that Italy might avoid a potentially damaging general election lifted European markets on Wednesday, bringing Italian bond yields off multi-year highs and dampening some of the recent buying interest for German and U.S. government bonds. The backdrop for world markets remained sombre, however, as the United States revived trade war fears with an announcement that it would press ahead with tariffs and restrictions on Chinese investments, and Beijing threatened to retaliate.
https://finance.yahoo.com/news/worsening-italian-crisis-batters-financial-000352791.html?.tsrc=rss
