Italy

Stocks in the US and Asia rallied overnight after Italy turned to China for help with its debt crisis.

EU leaders have agreed a further €109bn (£96bn) bailout for Greece, one-third of which will come from private sector bondholders.

The euro has fallen against the dollar amid sovereign debt concerns and fears Greek contagion could spread to Italy.

European indices have plunged this morning amid continuing worries over the eurozone debt crisis.

Deutsche Bank has launched six ETNs on NYSE Arca, providing flat and leveraged exposure to international sovereign debt.

MTS has upgraded its Italy and ex-Bank of Italy indices to become part of its EuroMTS range, enabling their use for ETFs.

State Street Global Advisors (SSgA) is unveiling a new range of ETFs across major European markets in the first quarter of next year.

Barclays Bank has launched its inaugural iPath ETN on the Borsa Italiana, providing the first volatility-linked product listed in the country, the bank says.

Paul Burgin looks at the nature of the French ETF market, exploring product themes, investor appetite, distribution channels and prospects for development

European equity managers are finding investment opportunities in the PIIGS, even if market sentiment is against them, writes Paul Burgin