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Italy budget vote on euro and test

In PaPanDeLiOu abandoned its Greek prime minister after the position, the market will start to Italy focus. Italian congress will be to previous year for routine vote on the budget vote, if can't win enough votes to pass, it means a new round of confidence vote will be unavoidable.

 

According to the report, the Italian left-wing opposition says it will prepare a censure motion of the government, the move to parliament, the Italian prime minister silvio berlusconi to step down, even though he voted for the since Tuesday to the self-preservation.

 

The worry is that, the Italian bond yields have been boosted the to "do not bear high", debt default risk the rise, and the euro zone crisis again face a big exam.

 

In the bond market, the Italian 10-year yield 6.5% break through the pass, and create a new record. From Ireland, Portugal and Greece relief situation, the yield on the 10-year Treasury once over the 6% pass often began to hurricane, once more than 7% will have to apply for assistance.

 
France's le BGC investment company's traders more JiaJie Clive o said, the bond market trends reflect investors for the Italian very don't trust that the feeling the serious influence to the stock market, resulting in a vicious circle. He thought it and Greece, Portugal and Ireland crisis development process is similar.
 



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