Good morning! News what you need to know prior to today's market's opening:

Benchmark Italian government bond yields rose to their highest since 1997, approaching levels seen as unsustainable, ahead of a crunch vote on public finance in parliament on Tuesday.

Italian Prime Minister Silvio Berlusconi has one day left to win over undecided members of parliament and stop a group of party rebels threatening to bring down his government in a backlash over its failure to adopt reforms to defuse a debt crisis.

Meanwhile, euro zone finance ministers will speed up work on strengthening a bailout fund to enhance its market credibility by the end of November, a month early..

Greek political leaders were set to choose who will lead a new coalition on Monday after Prime Minister George Papandreou sealed a deal with the opposition on a coalition to approve an international bailout.

With a light U.S. economic calendar this week and earnings season winding down, the euro zone debt crisis was expected to garner the bulk of investor attention this week.

Companies expected to post earnings on Monday include Priceline.com Inc and Sysco Corp..

The euro and world stocks fell today as political uncertainty in Italy prompted investors to cut exposure to riskier assets.

European stocks pared losses early this morning on intensifying market talk that Italy's Berlusconi could resign soon, easing fears over the country's ability to deal with its debt pile.

Stand by today's recommendation and have a great trading session.