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12-04-2016, 04:42 PM
GLOBAL MARKETS-Euro skids as Italy votes "No" on reform, dollar in demand

[Reuters] - The euro slid in Asia on Monday after exit polls showed Italian Prime Minster Matteo Renzi clearly losing a constitutional referendum that could end his career and destabilise the country's shaky banking system. Investors and Europe's politicians fear victory for the opposition 'No' camp could cause political instability and renewed turmoil for Italy's banks, pushing the euro zone towards a fresh crisis. Renzi will address the nation around midnight (2300 GMT).

GLOBAL MARKETS-Euro skids as Italy votes "No" on reform, dollar in demand - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/global-markets-euro-skids-italy-223542560.html)