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European equities a little higher at the open

But autos sector weighing down the Eurostoxx and DAX This comes after Daimler issued a profit warning, blaming the US-China trade war, saying it has impacted sales and profits of the SUVs it builds in Alabama. The rest of the region is seeing mild positive tones, and that’s not too surprising given the performance of…

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Italian assets spoil the mood in Europe

Italy’s MIB falls by more than 1%, while 10-year bond yields have jumped by more than 10 bps on the day now This comes after Alberto Bagnai was appointed as Italy’s senate finance committee head. Bagnai is a somewhat equivalent to Savona in the sense that he’s a major euroskeptic.