Europe Regains Confidence

Europe Regains Confidence

A number of eurozone politicos are expected to make announcements on Thursday, closely observed by investors following the recent Italian elections which startled those how had expected the worst debt crisis to be over. The markets were on an upswing on Thursday morning as the euro and commodities shot higher as coolness prevailed across riskier assets. However, investors are anxious over the political impasse that followed the Italian elections and many suspect the situation could hurt eurozone growth numbers. Some speculate that the ECB might offer a helping hand if Italy does not find a way to form a workable government. What this means in practical terms is anyone’s guess.

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