- Italian unemployment rose to a fresh record high of 12.9% in January from 12.7% in December and exceeded forecasts that were 12.7% also.
- The increase comes despite Italy exiting recession in Q4.
- Meanwhile, bond yields have been touching eight-year lows lately. The 10-year is now little changed at 3.47% but fell to 3.455% yesterday.
- The FTSE MIB is -0.3%. (PR)
- ETFs: EWI, ITLY, ITLT