
Opposite Day.
Right, so Wednesday was in many respects just the opposite of Tuesday.
BTPs and Italian equities bounced back early on and news that Five Star is backtracking on Savona buoyed sentiment further. Here's Reuters:
The leader of Italy’s anti-establishment 5-Star Movement on Wednesday appealed to the far-right League to drop its insistence that euroskeptic economist Paolo Savona should be economy minister in a government of the two parties.
[...]
“Let’s find someone of the same caliber as