Italy will vote on March 4 in an election expected to produce a hung parliament, instability and possible market turbulence in the euro zone’s third largest economy.Prime Minister Paolo Gentiloni’s cabinet set the date of the vote after the president dissolved parliament on Thursday, formally opening an election campaign which in practice has already been raging bitterly for weeks.With opinion polls suggesting no one will win a parliamentary majority, Gentiloni said he would remain in office and ensure continuity until a new administration was in place.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.