Political tensions ease a bit and Piazza Affari rebounds (+2%) on the wave of banks and utilities - Industrial stocks, on the other hand, are down, except for FCA which, in view of Investor Day, is gaining more than 3% - The spread goes down…
The French financial newspaper "Les Echos" raises the alarm on the Italian political risk in view of the elections and in relation to Berlusconi's proposal for a parallel currency alongside the euro to please the League - Meanwhile the Btp-Bund spread rises
Piazza Affari is in the black among the stock exchanges that remained open even today: it lost 2,01% above all due to the risks associated with early elections, the anti-reform dangers of the proportional electoral system and the absence of an adequate budget maneuver in the autumn which could open…
Recent geopolitical events have dissuaded many investors from focusing on emerging markets - From Turkey to Brazil, via Mexico and India, all the critical issues of growing countries - Political risk and currencies go to…