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Risk “on” as Italian concerns ease

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What a difference a day makes. As if yesterday didn’t happen, risk was back on the menu today after a renewed effort by Italy’s political parties to form a coalition government eased investor nerves. While the situation is far from being resolved, and major differences between the leaders of the populist parties remain, the fact that they are holding talks to form a coalition government means a new election could be avoided which should calm investor nervous a little.

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