Analysts at Rabobank note that the Spain’s governing Socialist party (PSOE) has performed better than expected in the weekend election, though it has fallen short of reaching an outright majority. Key Quotes “The PSOE won 29% of the vote and 37 more seats than in the previous election suggesting that PM Sanchez has a strong chance of forming a coalition in the coming weeks, possibly without the support of the Catalan separatists who rejected his 2019 budget earlier in the year. Notable in this election is the emergence of the nationalist party Vox. This is the first far right party to have a sizeable parliamentary representation since the death of Franco, but the number of seats (at 24) fell short of expectations. Even so, it split the rightwing vote to the cost of the centre-right People’s party which lost half of its seats.” “Over the coming days and weeks the markets will be looking for progress in coalition talks, but Spain’s recent good growth data appears to have dulled the market’s sensitivity to Spanish politics.” 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 Wall Street opens in green, S&P 500 and Nasdaq Composite hit intraday record highs FX Street 3 years Analysts at Rabobank note that the Spain's governing Socialist party (PSOE) has performed better than expected in the weekend election, though it has fallen short of reaching an outright majority. Key Quotes "The PSOE won 29% of the vote and 37 more seats than in the previous election suggesting that PM Sanchez has a strong chance of forming a coalition in the coming weeks, possibly without the support of the Catalan separatists who rejected his 2019 budget earlier in the year. Notable in this election is the emergence of the nationalist party Vox. This is the first far… 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.
