Italy 40 CFDShort
FTSE MIB - Looking to Short on Pullbacks!
Italian markets came under strong pressure yesterday as
Bloomberg ran a story that the EUCommission June 5th will
consider a disciplinary procedure over Italy’s failure to rein
in debt. An Excessive deficit Procedure is a lengthy process,
but if the story is true, the standoff between Italy and the
EU that we had expected in the autumn could start much
earlier.
We remain with a negative bias on FTSEMIB and BTPs.
Sell short-term pullbacks today.
Bloomberg ran a story that the EUCommission June 5th will
consider a disciplinary procedure over Italy’s failure to rein
in debt. An Excessive deficit Procedure is a lengthy process,
but if the story is true, the standoff between Italy and the
EU that we had expected in the autumn could start much
earlier.
We remain with a negative bias on FTSEMIB and BTPs.
Sell short-term pullbacks today.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.