Equities Firmed as Italy Plans to Nationalize Banks. Investors Shrugged Off Italian Referendum

Stock markets rallied ahead of ECB meeting. Led by the +4.4% rally in the banking sector, European shares rose with the broad Stoxx 600 index up +1%. Italian bank shares jumped +9%, lifting the country's FTSEMib index by +4.15% at close.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/equities-firmed-as-italy-plans-to-nationalize-banks-investors-shrugged-off-italian-referendum-2016120733938/