It seems like the rally of the greenback has ended. On Monday, the US dollar index was below $93.50. Tuesday’s attempts to recover are not successful. The index is below $93.40. No important economic data will be released today.
Catalan leader doesn't care about arrest
Carles Puigdemont, the leader of Catalonia told that he doesn’t care about being arrested for organizing a forbidden referendum on Catalonia’s independence from Spain that went ahead on Sunday notwithstanding Madrid utilized force in an attempt to prevent people from voting.
Evidently, Spanish riot police made use of truncheons as well as rubber bullets on voters, thus drawing criticism worldwide and tipping this European country into its biggest constitutional downtime for decades.
On Monday, Puigdemont's government will ask the regional parliament to officially declare independence, after his officials issued preliminary referendum results pointing to 90% support in favor of breaking up with Spain.
However, turnout didn’t exceed 43% because Catalans who back remaining part of Spain mostly boycotted the referendum.
In fact, neither the Spanish authorities, nor the judiciary have threatened to arrest the leader of Catalonia, although Madrid accuses him of breaking the country’s law.
This economic indicator is highly important for the Bank of England’s monetary policy because it is used as the central bank’s inflation target.
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