<button type="submit" breaking design in opera browser

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Very odd occurrence in the Opera Browser that had me scratching my head in bewilderment.

When I used the form code below for my newsletter section -
<form>
      <input type="text"  name="email" size="29" maxlength="40" placeholder="Youremail@address.com" />
        <button type="submit" class="button" value="Signup" />
      </form>


All following blocks were placed within this newsletter block (containing the form), specifically because of the button. See my images below to see what I mean.

Changing <button type="submit" to <input type="button" solved the problem, when I had finally figured it out.

Any ideas why this is? An obsolete syntax or something?

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mckinstry