Markets are trying to come to grips with the surprise ECB 50 bps, the Transmission Protection Instrument, flows resuming in Nord Stream 1 and Italy dissolving parliament.
That's a lot to take in and it led to a choppy day of trading
- Stoxx 600 +0.3%
- German DAX -0.6%
- French CAC flat
- Spain IEX -0.3%
- Italy MIB -1.0%
Global markets are having a nice rally in the past week or so but Italy isn't participating.