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MERKEL: EUROPE WILL NOT HAVE SHARED DEBT BURDENS FOR 'AS LONG AS I LIVE' !!!
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[quote:Anonymous Coward 18610659:MV8xOTA4ODA2XzMxOTIzODk4Xzg1REJBQzY0] zerohedge‏@zerohedge Italian government approves measures to "boost" BMPS capital [/quote]
Original Message
UPDATE: Rally Fades In Europe, Italy Dives Sharply Into The Red
ORIGINAL POST, SEE UPDATE BELOW: After yesterday's huge market losses, markets are mostly heading higher.
It's not particularly dramatic, however.
Spain +0.7%
Italy +0.76%
German +0.3%
France +0.3%
Meanwhile, borrowing costs are tad higher for both Spain and Italy, and that's concerning.
All eyes, of course, are on the EU summit coming up later this week.
US futures are modestly higher.
UPDATE 5:15 AM ET:
And the rally is fading. Here's an intraday look at the Italian market, which is now down 0.7%.
Read more: [
link to www.businessinsider.com
]
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