Keep an eye on developments here as it's impactful on the euro, at least for the odd headline wiggle.
Overnight:
- Italian Prime Minister Draghi and his government won a confidence vote, 172-39, in the Senate, despite the refusal by the 5-Star Movement to back the bill
- Draghi offered to step down after the populist coalition ally refused to support him
- Draghi offered his resignation to Italy's President Sergio Mattarella
- Matarella rejected the resignation, telling Draghi to see if he can still find a majority in parliament willing to support him
It'd be perfect if Mattarella instructed Draghi to do "whatever it takes" but who knows?
