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BTPS: Italian elections clearly point to a hung Parliament with the Centre Right
and Centre Left performer poorer than expected.
- Hopes for a grand coalition remain with the Centre-Right providing the most
seats and probably the candidate for President but Salvini, the leader of the
League will insist upon being the president. There is an outside chance that the
League and 5SM enter into some coalition, which would be very market-unfriendly.
- Salvini has scheduled a press conference for 12GMT