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29 May 2018

Spanish PM to face confidence vote on Friday

Spanish Prime Minister Mariano Rajoy will face a vote of confidence on Friday, according to Reuters News. 

Opposition Socialists, who proposed the vote, may not get enough support in the fragmented legislature. Nevertheless, the news weighed over the Spanish bond markets, pushing the benchmark 10-year government bond yield to a 2-1/2-month high on Monday. 

Meanwhile, the Spanish-German bond yield spread also rose to year-to-date highs. 

 

May 29, 2018

US: Tariff risks and North Korea into the frame again – Nordea Markets

Analysts at Nordea Markets suggest that last week, it was a bumpy risk appetite, as both tariff risks and North Korea have entered the frame again. 
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May 29, 2018

Forex Today: Risk-off Asia drives Yen higher, Focus on Italy/ Spain politics and ECB-speaks

The Yen was outperformed the G10 currencies, as risk-off sentiment extended into Asia this Tuesday amid ongoing political angst in Europe, particularl
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