Archive for May 29th, 2018

New Overnight Developments Abroad - Daily Update

Global Financial Markets Hit by Threat to EU from Italian and Spanish Political Crises

May 29, 2018

Ten-year sovereign debt yields shot up 45 and 41 basis points overnight in Greece and Italy, while also rising 12 bps in Portugal and 8 bps in Spain. Share prices in Europe have plunged 3.2% in Italy, 2.7% in Spain, 1.8% in Greece, 1.5% in France, 1.4% in Germany and the U.K. and 1.3% in […] More