Turkish gold demand lifts Italian jewellery exports as leather goods suffer MILAN, Aug 12 (Reuters) - A surge in demand for gold from inflation-stricken Turkey boosted exports of jewellery from Italy's industrial district of Arezzo in Tuscany, data showed on Monday, offsetting a drop in leather goods sales from the nearby Florence area. Demand from Turkey, where inflation was running at 61.8% in July, drove jewellery exports from the Arezzo area up 133% in the first quarter of the year versus 20

LIVE MARKETS-Euro zone equities "less than stellar" - Pictet AM STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures mixed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EURO ZONE EQUITIES "LESS THAN STELLAR" - PICTET AM Pictet Asset Management has downgraded its rating on European equities to neutral from overweight, even though the

LIVE MARKETS-Banks: a good entry point? STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures mixed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BANKS: A GOOD ENTRY POINT? Just as with tech, dip buyers are also showing up for Europe's battered banking sector, even though there still could be fresh bouts of volatility before things p

UPDATE 1-Italy's economy minister rules out additional bank taxes Adds details on previous one-off bank tax move from paragraph 4 ROME, Aug 7 (Reuters) - The Italian government has no plans to impose additional taxes on bank profits, Economy Minister Giancarlo Giorgetti said on Wednesday, in an effort to quash press speculation about new levies on banks and other companies.

Italy's economy minister rules out additional bank taxes ROME, Aug 7 (Reuters) - Italian Economy Minister Giancarlo Giorgetti said the government had no plans to impose additional taxes on bank profits, in an effort to quash press speculation about new levies on banks and other companies. Answering a question at a press conference on Wednesday, Giorgetti said he had been wondering what the source of such speculation was.