Corriere della Sera reports with the headline
This is very much expected as mentioned earlier . The question now is will he be able to form a viable coalition to return back to the helm. Otherwise, fresh elections certainly isn’t out of the realm of possibilities at this stage.

Dollar pares early advance and is trading flatter across the board now
The same goes for other major currencies against one another as there isn’t much change as we look towards midday in Europe. A snapshot:

Latest data released by CBI – 26 January 2021
„With the lockdown likely to remain in place in the near-term retailers expect this weakness to continue.“
Looking at the details, online sales reported a surge but high-street retailers suffered – especially clothing stores.

Conte is to offer his resignation in a gambit to get a fresh mandate to form a more viable coalition to lead the country
This has been rumoured all through of yesterday night and is pretty much looking to be the case today. The mess and bewilderment in Italian politics is nothing new to the market,

The greenback pares gains across the board as stocks push higher
Of note, the dollar has almost pared all of its gains against the commodity currencies with NZD/USD bouncing off its 200-hour moving average and lows of 0.7167 to 0.7197 now – just shy of the day’s high of 0.7204.