Italy ETFs Retreat on Increasing Political Uncertainty

Italy country-specific exchange traded funds plunged Wednesday after multiple parties refrained from supporting Prime Minister Mario Draghi in a confidence vote. The iShares MSCI Italy Capped ETF (EWI) decreased 4.2%. Italian markets retreated on the prospects that Draghi’s government could fall. Three key parties announced they wouldn’t support him in a confidence vote, which could [...] The post Italy ETFs Retreat on Increasing Political Uncertainty appeared first on ETF Trends .