Europe Is Now In Full-On Rally Mode

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The mini political crisis in Italy has long been forgotten by markets.Europe is in full-on rally mode.

Italy is up 0.94%.

Spain is up 1%.

Germany is up 0.6%.

US futures have flipped from red to green.

In addition to people may realising that the political events transpiring in Italy are not so huge, there was an awesome turnaround in German investors sentiment.