No, Reuters, Markets Didn’t “Brush Off” Anti-Euro Votes; Markets Applauded Them

According to Reuters: “Bonds, stocks brush off Eurosceptic election gains.”  Italian assets surged and German shares hit all-time highs on Monday as solid election showings by pro-European forces in both countries provided an antidote to Eurosceptic gains in France, the UK and Greece. Though nationalists scored stunning victories in a number of weekend votes, Italy’s pro-European Prime Minister Matteo Renzi’s centre-left Democratic Party was on course for a resounding win over the anti-establishment Read more […]