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The Return Of The Eurozone Crisis

Traders and investors have come back from the long Bank Holiday weekend to increased levels of volatility across all markets. There is a familiar feel to the catalyst behind this, leaving some wondering if we are going to have another Eurozone crisis along the lines of that involving Greece from 2016. At this stage that does seem like an overly-pessimistic view, but it’s not hard to understand why safe-haven buying is the order of the day at the moment. The failure to form a coalition government by Italy’s two populist parties has seen the Italian President appoint Carlo Cottarelli as interim...