Italy ETFs Gathers Momentum on Stronger Banking, UniCredit Outlook
December 13, 2016 at 13:52 PM EST
Italian markets and country-specific exchange traded funds are climbing as bank stocks rallied on Unicredit’s attempts to strengthen its balance sheets. On Tuesday, the iShares MSCI Italy Capped ETF (NYSEArca: EWI) gained 2.7%. Additionally, those who are wary of further weakness in the euro...