Analysts at Danske Bank suggest that while the day is thin on data releases, the main focus in financial markets will be political chaos in Italy after the Italian President Mattarella last night opposed the proposal for finance minister for the incoming government of Five Star and the League. Key Quotes “This raises the prospect for new elections, which would add to market anxiety toward Italy.” “Financial markets will also focus on Spain, where the opposition called on Friday for the resignation of Spanish Prime Minister Rajoy after new corruption allegations against Rajoy’s ruling party. Political uncertainty and prospects for new elections in Spain would raise market fears of a prolonged political vacuum, as seen after the last general election.” “The key economic releases later in the week include the US job report on Friday, preceded by the euro area HICP release for May on Thursday.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD kicks off the new week by taking the day off on both sides of the Atlantic FX Street 5 years Analysts at Danske Bank suggest that while the day is thin on data releases, the main focus in financial markets will be political chaos in Italy after the Italian President Mattarella last night opposed the proposal for finance minister for the incoming government of Five Star and the League. Key Quotes "This raises the prospect for new elections, which would add to market anxiety toward Italy." "Financial markets will also focus on Spain, where the opposition called on Friday for the resignation of Spanish Prime Minister Rajoy after new corruption allegations against Rajoy's ruling party. Political uncertainty and prospects for… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
