Italy Crisis

Five Things the Markets are Talking About: Tuesday, May 29

Five Things the Markets are Talking About: Tuesday, May 29

The EUR saw 11-month lows after Italy’s president scuttled an attempt by a coalition of Italian anti-establishment parties to form a government. With fresh elections increasingly likely, markets should expect the Five Star and the League to campaign on the idea that they were denied the “right to govern,” possibly resulting in a stronger populist sentiment at the next election.