So say the wires citing Ansa news agency 5 March

Former PM Renzi to step down as Democratic Party leader.

Elsewhere the EU Commission say they have confidence that stable govt can be formed in Italy

I'm not sure "stable govt" and "Italy" belong in the same sentence eh?

Meanwhile EURUSD making its mind up around 1.2310 with EURGBP holding 0.8900 and EURJPY dropping back to 129.96 from 130.20

Renzi stepping down