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Will Elections Resolve Catalan Crisis?

The rebel region of Spain that declared itself independent is holding parliamentary elections later this week that will be a major test for pro-independence politicians and parties.Catalonia’s citizens go to the polls Thursday in what is widely seen as the latest test of sentiment in the region but polls show the contest between pro-secessionist and unionist (also known as constitutionalist, pro-Spain) parties is too close to call, leading to a possible hung parliament where no one party has a majority.”It’s crucial to look at who will have a majority and it looks like no one will have a proper majority,” Borja Lasheras, policy fellow at the European Council on Foreign Relations and the director of the Madrid Office, told CNBC Tuesday.

Source: Catalonia election: Sp ain’s political crisis could be about to return – CNBC [1]

Will the Santa Rally Grind to a Premature Halt? [2]

CAC Dips on Soft Eurozone Current Surplus [3]


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])