After a weak start to the week, the euro is slightly stronger against the dollar this morning.
In Italy, Prime Minister Giuseppe Conte faces a confrontation with his coalition partner Matteo Renzi that could topple his government. At a cabinet meeting today or tomorrow, Conte will ask ministers to support his recovery plan, which Renzi has heavily criticised. If Italia Viva’s two ministers reject the plan, then Conte could be forced to resign.
There are no economic data releases for Europe today, but tomorrow we will see industrial production figures.
