Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.
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.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.