The reduction in the Spanish risk supports the Euro



The leaders of Catalonia did not advertise immediate independence and aggravate the political situation in Spain. The process of separation of Catalonia from Spain again takes a protracted, resulting de facto situation on the level to the Catalan referendum. As a consequence, risks were lower and the Euro against the dollar gained almost half a percent. Korean risk is also not relevant, so stock markets in Asia rose again. The price of oil before the release of inventories in the United States stabilized at $ 56.70. per barrel, with the prospect of increasing to $ 60., if you’ll allow the stats. In the Russian currency market began to struggle to level 58. The market is still in a tight range 57.50-58.50. Today MinFin will hold two auctions on placement of OFZ at 30 billion rubles. The demand for our assets and it is good again to support the ruble. Overall, today promises to be calm.




The reduction in the Spanish risk supports the Euro 11.10.2017

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