Spain likely to see fresh elections in March as political deadlock in the country continues at the national and regional levels. A three-way coalition support including PSOE to safeguard the economic recovery has been la…
Spain likely to see fresh elections in March as political deadlock in the country continues at the national and regional levels. A three-way coalition support including PSOE to safeguard the economic recovery has been launched by PM Mariano Rajoy. Catalan President Artur Mas stated that if no deal was accomplished to form a government, then new regional elections were to be held on 11 January.
With the ECB buying in the secondary market, fresh supply should not pose a major problem for the first Spanish auction of 2016 due next week. The 10 year yield dropped yesterday to 1.67%, nearly 20bp below the post-election high.
Low EU inflation suggests room for more ECB easing which could aid in moderating selling pressure.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
