Update: it appears that early elections are indeed coming to Italy, which could be another major calendar event for Italy, and one which would have far more significant consequences for the political make up of the country should M5S win as many expect. From Reuters:
ITALY INTERIOR MINISTER, SPEAKING AFTER CONVERSATION WITH RENZI, SEES NEW ELECTIONS LIKELY IN FEBRUARY - CORRIERE DELLA SERA
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While the market overcame its initial scare following yesterday's counter-establishment Italian referendum vote, and European stocks proceeded to not only make up all losses, but soar in the overnight session by the most since Trump's presidential victory, what happens next in Italy is largely unknown. What follows are Goldman's snap thoughts on the Italian next steps.
Update 3: The campaign manger of the Hofer campaign has conceded the presidential election.
#BREAKING 'Sad' Austrian far-right candidate congratulates election winner
— AFP news agency (@AFP) December 4, 2016
#BREAKING Austria far-right concedes defeat in presidential race
Iceland’s anti-establishment Pirate Party have been invited to form government and have been handed a mandate to begin instituting some of their progressive policies. Icelandic President Guðni Jóhannesson made the announcement on Friday, over one month after the general election, after meeting with head Pirate Birgitta Jónsdóttir. “I met with the leaders of all parties and asked their opinion on who should lead those talks. After that I summoned Birgitta Jónsdóttir and handed her the mandate,” he said.
Earlier this morning we reported that Trump's attorneys had filed an objection to Jill Stein's recount petition with the election commission of Michigan. Per the Michigan Secretary of State, those objections have just been rejected and a recount has now been cleared to begin early next week barring any new legal actions over the weekend.
Bd of State Canvassers mtg has adjourned. Members did not adopt an objection to the recount or a motion to conduct the recount by machine.