Italian equities fell as hotter September inflation pushed bond yields higher, with the market verdict pointing squarely at the CPI print as the driver. Euro zone factory activity
Italian equities fell as hotter September inflation pushed bond yields higher, with the market verdict pointing squarely at the CPI print as the driver. Euro zone factory activity accelerated again in September, offering some support on the industrial side. Meanwhile, Italy joined a call with EU officials and other governments on coordinated diesel stock releases, and the government continues seeking budget flexibility from Brussels.
Sources
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