Markets steady as Italian fears ease

Markets steady as Italian fears ease
 

European stock markets made a modest recovery and returns on Italian government bonds fell back on Wednesday as fears over political turmoil in the eurozone's third-largest economy eased.
The benchmark Italian share index rose 1.4%. London and Frankfurt were also higher after sharp falls on Tuesday.
However, shares in French banks fell amid fears about their exposure to Italy.
An auction of Italian five and 10-year government bonds is being held later.
If the sale fails to go smoothly it could raise questions about Italy's ability to refinance its national debt.
Reports on Wednesday said... read more

 
30 May 2018 in Business, Views: 23
Source: BBC
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