Political uncertainty has increased in Spain after the Ciudadanos party joined the main opposition PSOE and Podemos in heavily criticising Prime Minister Rajoy due to bribery convictions of former members of Rajoy’s party, points out Jan von Gerich, Research Analyst at Nordea Markets. Key Quotes “Rajoy’s government is reliant on the the support of Ciudadanos.” “While early elections also in Spain certainly cannot be ruled out, the situation is materially different from Italy. Ciudadanos is a reform-minded and pro-European party, and it is currently leading the polls. Even if early Spanish elections could lead to difficulties in forming a government, reconsidering the Spanish stance towards the euro is not at play, which should also limit market concerns.” 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 EUR/USD extends intraday slide to hit fresh YTD lows FX Street 5 years Political uncertainty has increased in Spain after the Ciudadanos party joined the main opposition PSOE and Podemos in heavily criticising Prime Minister Rajoy due to bribery convictions of former members of Rajoy's party, points out Jan von Gerich, Research Analyst at Nordea Markets. Key Quotes "Rajoy's government is reliant on the the support of Ciudadanos." "While early elections also in Spain certainly cannot be ruled out, the situation is materially different from Italy. Ciudadanos is a reform-minded and pro-European party, and it is currently leading the polls. Even if early Spanish elections could lead to difficulties in forming a government,… 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.
