Futures Slide As Italian Banks Drag Risk Lower;...
Futures Slide As Italian Banks Drag Risk Lower; Sterling Tumbles; Bond Yields Drop To New Record Lows | Zero Hedge https://t.co/QxhzsghtvJ
July 05, 2016
The festering wound involving Italian banks in general and Italy's third largest bank Monte Paschi, just got worse yet again, as the bank which suddenly everyone is focused on extends yesterday's 14% drop, and is halted in Milan trading after falling 7%, once again dragging down European bank stocks with it, and this time US equity futures are starting to notice.