Greece Has One Foot Out EU Door, But It Is Italy Where Concern Should Be Focused

It is difficult to determine which is the most significant market concern coming out of the European Union. While mainstream eyes appear focused on the French election outcome, reports from Bank of America Merrill Lynch point to concerns in the Netherlands. Add to this general populist market anxiety a new Source report notes concern in France but more specifically Italy, and the EU might devolve into a political mess that could impact markets.

European Union was founded on the idea those who trade together don’t engage in war with each other

The bookmakers across Europe have been busy calculating the odds of...