Home Latest Global Markets: Europe rallies on Italy hopes, oil bounces after 'black' Friday Latest Global Markets: Europe rallies on Italy hopes, oil bounces after 'black' Friday By Genpie - November 26, 2018 181 0 Facebook Twitter Google+ Pinterest WhatsApp European stocks, Italian bonds and the euro rallied on Monday on signs that Rome was preparing to rework the spending plans that have left it facing formal European Union disciplinary action.