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Europe Day Ahead: Italy votes, but can anyone govern?

Monday, February 25, 2013 - 02:33

Feb. 25 - Europe waits for the results of Italy’s general election, but the vote may raise as many questions as answers.

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Soledad that she was -- key political and financial events the result of Italy's general election like he did dominate the headlines in Europe tomorrow morning. Results you -- tonight or early Tuesday morning. But early exit polls point to win for the center left with -- around 35%. Of the votes. The broke led by former prime minister Silvio Berlusconi and sent to come second. I'm with several key races still too close to cool the final makeup of the parliament. Hangs in the balance. It's 20 international chief European economist for -- Bobby Eddie says the performance of outgoing prime minister marry a -- party. Is the big concern for investors won't cause a slight surprise was that the results for Maltese. Alliance was even below be believe this will be no -- so it's a big disappointment. -- -- -- -- on the blog. Innocence can be said to be that we know of the election because he led the way. That's so then than anyone expected until recently. Bond markets giving the polls a thumbs up so far yields down sharply. And Rome will be hoping that a battle goes well for a sale of six month bills tomorrow. Markets also watching for further for an from the UK briefings content gilt yields edging higher again this off the noon. Sterling also showing signs of further softness -- trying to row area Aaliyah I cap economist on Smith says that's likely to amend the patent. I think it matters most of the currency and it does -- the bond market we have seen currency weakness. This morning and reactions that that's likely to be. Some sustained no clear that that's that would prove helpful for me to the economy. BASF takes top billing among -- earnings reports the world's largest chemicals make combined sales expected to see operating profit. Jumped by almost a cool -- -- will talk to the CEO at 825 GMC. That's tomorrow morning also to -- denial from -- from Vivendi shares in the French media group -- more than 3% today. On news it's close to selling its Brazilian telecoms Eunice. But the days -- big event for investors on both sides of the Atlantic comes late -- Washington DC. Fed Chairman Ben Bernanke -- give us his semi annual testimony to congress. Analysts watching for any signs he's changing his tune on stimulus measures at Soledad to Tuesday's market moving events well. -- problem systems.