EZB8RISK / Market Briefing

Italian markets continue to trade in a calm, watchful range as energy policy takes center stage, with Rome and Prague jointly pressing the EU to ease carbon permit rules and oil ma

Italian markets continue to trade in a calm, watchful range as energy policy takes center stage, with Rome and Prague jointly pressing the EU to ease carbon permit rules and oil majors offering fuel price caps to help curb costs. Banking chatter adds a layer of interest, as a French lender waits for clarity on a domestic bank's ownership before weighing a possible bid for a major Italian rival. On the data side, Istat figures showed industrial turnover ticking back up in July, a modest bright spot for the country's manufacturing pulse.

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