Italy ETF Gripped by Political Uncertainties

Italian stocks and country-specific ETF has experienced sharp oscillations this week, reflecting investors’ uncertainty over the country’s referendum vote ahead. The iShares MSCI Italy Capped ETF (NYSEArca: EWI) gained 2.8% Tuesday after falling off 2.1% Monday. EWI has declined 22.0% year-to-date. After initially selling off on Monday, Italian shares rebounded Tuesday, with banks leading the charge,…Click to read more at