Italian Referendum

Five Things The Markets Are Talking About: Monday December 5, 2016

Five Things The Markets Are Talking About: Monday December 5, 2016

Is there EMU turmoil on the horizon? The odds are beginning to stack up.

Italy’s pro-EU Renzi stood down as PM earlier this morning after his referendum for Italian constitutional change was resoundingly beaten by a record turnout Sunday. This has paved the way for another general election and the possibility of an anti-EU party win for the fourth largest economy in the eurozone.