Financial markets commenced the week with political drama in Spain. Madrid has given Catalan until Thursday to declare independence or back down. Despite the political uncertainty and geopolitical tensions, stocks remain supported. UK inflation will be in focus which could shape expectations of higher UK interest rates. Crude oil has edged higher as tensions in Iraq threatens supply.
– #EURUSD is under pressure on the daily charts – #GBPUSD bears are eying 1.3200
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
Financial markets commenced the week with political drama in Spain. Madrid has given Catalan until Thursday to declare independence or back down. Despite the political uncertainty and geopolitical tensions, stocks remain supported. UK inflation will be in focus which could shape expectations of higher UK interest rates. Crude oil has edged higher as tensions in Iraq threatens supply.
– #EURUSD is under pressure on the daily charts
– #GBPUSD bears are eying 1.3200
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
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