Markets Are Heading Lower — Italy Down 1%

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Photo: Wolfiewolf via Flickr

It was a very quiet weekend for global economic/market news. The major developments came from China, where data was generally a tad weaker than expected.Stocks are moving a bit lower.

U.S. futures are just a bit lower.

Europe is lower. Italy remains the centre of focus, and stocks are currently down one per cent.

Borrowing costs in Italy are up about seven basis points.

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