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Earlier Gains Reversed As Renzi's Ministers Resign

BTP

March BTPs drop a quick 50+ ticks on headlines that ex-PM Renzi's party's ministers are leaving the governing coalition, putting the gov't at risk of collapse and reversing post-1500GMT gains. As such BTPs failed to breach 151.70 resistance noted earlier; at 151.05 last, next support at 150.47.

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