Italian political drama weighs on markets

Italian prime minister Mario Draghi offered to resign, which caused problems for Italian stocks and for the euro. Plus, two of the biggest US banks had worse earnings reports than analysts expected. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Mario Draghi offers to resign as Italy’s prime ministerJPMorgan and Morgan Stanley profit miss casts pall over Wall StreetRising recession fears and broad shift into haven assets have boosted the greenbackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.