Italian assets are under pressure again after head of budget committee in lower house, who is also a eurosceptic, announced that the country could solve problems with its debt with its own currency, Bloomberg reports.

Yield of Italian 10-year bonds jumped to the highest level in more than four years, while shares fell to the lowest level in 17 months.

Italian market was in the zone of higher volatility after the country proposed to set 2019 budget deficit at 2,4%.

Yield of 10-year bonds grew by 10 basis points to 3,40%, while spread with German bonds is up 13 basis points to 296. Euro lost 0,4% to $1,1535, the lowest level since September 10. FTSE MIB index fell to the lowest level since April 2017.

Experts from Toronto-Dominion Bank warn that euro may fall to $1,13, if political risks in the third largest economy in euro area will be preserved.