Italian Senate has approved the expulsion of former Italian Prime Minister Silvio Berlusconi from parliament. CNBC's Michelle Caruso-Cabrera offers details.» Read More
LONDON, Aug 27- Italy's debt premium rose to its highest in nearly a month on Tuesday as the country made a lacklustre return to debt markets after a summer break, reflecting concerns over the government's survival. Italy is underperforming more than Spain because of the whole political risk. "
*Wall St drops at open as Syria tension mounts. NEW YORK, Aug 27- The possibility of Western military action against the Syrian government hit shares worldwide on Tuesday, while boosting demand for safe-haven assets like yen and gold.
LONDON, Aug 27- Uncertainty about the possibility of Western military action against the Syrian government hit shares worldwide on Tuesday, sent many emerging market currencies to record lows and boosted assets such as yen and gold.
*Flows into Italy, Spain ETFs outpace Europe- ETFGI. LONDON, Aug 27- Investment in Spanish and Italian stocks has surged on the back of improved economic data, trumping a Spanish party funding scandal and the risk that the government in Rome could fall.
MILAN, Aug 27- Demand from domestic investors helped Italy to keep a lid on rising borrowing costs at an auction on Tuesday, paying only slightly more than a month ago to sell two-year bonds despite political turmoil.
LONDON, Aug 27- Italy's debt premiums rose on Tuesday as it made a lacklustre return to bond markets after a summer break, reflecting investor concerns over tensions within the country's fragile ruling coalition.
LONDON, Aug 27- Uncertainty about the possibility of military action against the Syrian government lifted oil towards a five-month high on Tuesday and undercut share prices and spurred demand for safe-haven assets like the yen.
*Italy returns to market this week after summer break. "A combination of lingering worries over the ruling coalition and concession ahead of upcoming supply suggests Italy will struggle to make any headway near-term," RIA Capital Markets strategist Nick Stamenkovic said.
NEW YORK, Aug 26- U.S. Treasury bonds rallied on Monday after July durable goods orders came in weaker than expected, while Wall Street dipped on concerns over Syria. Secretary of State John Kerry said all nations must stand up for accountability on the use of chemical weapons in Syria, adding an element of geopolitical uncertainty to markets.
*U.S. durables fall 7.3 percent in July, pressure dollar. NEW YORK, Aug 26- The dollar edged higher on Monday, recouping losses against the euro as dismal data on U.S. durable goods orders did little to change expectations that the Federal Reserve will wind down its stimulus program next month.
*Italy returns to market this week after summer break. "Both countries have political issues, but in Spain they are much more contained. There is higher political risk in Italy, "Rabobank market economist Elwin de Groot said.
*Italian stocks, bonds fall on Berlusconi threat. NEW YORK/ LONDON, Aug 26- U.S. One exception was in Italy, where the risk of a new government crisis sent shares and bonds tumbling.
*Euro STOXX 50 down 0.2 pct, Italy's MIB down 1.8 pct. Italy's FTSE MIB index dropped 1.8 percent and the country's bond yields rose after members of Silvio Berlusconi's centre-right party warned they would bring down the government if the former premier is expelled from parliament over a recent conviction.
*Gold briefly tops $1,400 an ounce. LONDON, Aug 26- The risk of a new government crisis sent Italian shares and bonds tumbling on Monday, while a weaker dollar and lower U.S. debt yields gave battered emerging markets a second day of relative calm.
*Amgen, Onyx Pharma shares rise after $10.4 billion deal. *Pritzker family to buy TMS International. Treasuries yields fell after the data and that could help equities, according to Peter Cardillo, chief market economist at Rockwell Global Capital in New York.
*Spanish/Italian yield spread at tightest since March 2012. *Italy returns to market this week after summer break. LONDON, Aug 26- Italian yields rose on Monday as a political showdown looms over Silvio Berlusconi, underperforming other euro zone bonds even as Italy prepares to return to the market this week after a summer break.
*Amgen to buy Onyx Pharma for about $10.4 billion, Onyx shares rise. *Amgen Inc struck a deal to buy cancer drug maker Onyx Pharmaceuticals Inc for about $10.4 billion on Sunday, sweetening its original offer made in June.
Italy's FTSE MIB share index was down 1.6 percent after members of Silvio Berlusconi's centre-right party warned they would bring down the government if the former premier is expelled from parliament over a recent conviction.
*Stocks mostly higher, gold briefly tops $1,400 an ounce. LONDON, Aug 26- Italian shares and bonds fell on Monday after a threat from Silvio Berlusconi's party to bring down the government while a weaker dollar and lower U.S. yields offered some relief to battered emerging markets.
LONDON, Aug 26- Italian stocks led euro zone bourses lower on Monday as mounting concerns about a government crisis in the country fuelled a selloff in shares exposed to Rome's government debt.