World Markets Now Focusing On Sunday's Italian Referendum, ECB Meeting Next Week
December 01, 2016 at 07:50 AM EST
Global stock markets were mixed overnight, on this first trading day of the month. Asian shares benefitted from Wednesday's OPEC agreement to cut production levels, while stock markets in Europe were pressured on worries about the December 4 Italian referendum on constitutional reforms. A "no" vote on the reforms could eventually put Italy in violation of European Union rules. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. World bond markets remain in focus as yields continue on the rise. U.S. 10-year yields have risen to 2.4% late this week. To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post World Markets Now Focusing On Sunday's Italian Referendum, ECB Meeting Next Week appeared first on Money Morning - We Make Investing Profitable .