Will be no impact at all
Italy is everyday crisis
Much bigger problem for EU is France what economy is dead
french people have big social expectation in fact France is socialism and now only 19% of french are supporting Macron
There is strike after strike in France public sector
Much bigger impact on any asset price may have current trade war and relation between USA and China
Maybe the biggest impact will be because of all these events happening at the same time? The overall worldwide economy is at it's most unstable times since the "acknowledged" crisis in 2008.