Italian assets continue to lead the way
With Italian bonds continuing their recovery, its helping to give a lift to banking stocks and that in turn is pushing the FTSE MIB higher still. London stocks are weaker led by a fall in Cairn Energy following poor 1H results but also as the pound continues to edge higher on the day.
Overall, it's a more positive tone for European equities and that's helping to maintain the positive risk sentiment in markets today.
