Italian sentiment data took a turn for the worse, with both business and consumer confidence falling in September, a signal that households and firms alike are feeling the squeeze.
Italian sentiment data took a turn for the worse, with both business and consumer confidence falling in September, a signal that households and firms alike are feeling the squeeze. That softening mood lands on top of the existing cautious tone in equities, where bond spreads over German borrowing costs remain the key watch item. With European shares already wobbling alongside rising yields, weaker domestic sentiment adds another headwind for Italian markets to digest.
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