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Economy. Eu budget faces more delays after hungary and poland double down, as the polish Prime Minister urges them to reconsider this will lead to a breakup of europe and the European Union. And President Trump moves closer to conceding the u. S. Election saying that he will leave the white house if and when the Electoral College confirms joe bidens win well, it is friday, we made to the end of the week happy thanksgiving thank you very much great to be with you on black friday and lets talk about markets and the price action were seeing on this final trading day of the week, capping off a week of solid gains the stoxx 600 and most of the european indices will ending the week about 2 higher than where we started off this is where we are for the broader european ....
Spain. Another Significant Development in spain. Spains Constitutional Court has suspended an upcoming session of Catalan Parliament. This is designed to stop a planned declaration of independence. The court says that would be a breach of the constitution. Bear in mind, the same court said the referendum would breach the constitution and the organisers went ahead anyway. Were also seeing signs the fallout is impacting the economy. Spains fifth biggest Bank Sabadell will shift its registered domicile away from catalonia, a Company Spokesman said thursday, after threats by the regions leaders to declare independence. The catalan minister for external relations has spoken to the bbc in the las ....
Expected machinery data as the nikkei hits the highest level since december 1996. And at least 17 people are dead and thousands of buildings are destroyed as a series of wildfires rage across Northern California good morning glad youre with us on this wednesday. Its the morning after we heard that speech from mr. Puigdemont in the Catalan Parliament it was a climb down. Yes, he did say the country or the region wants to go for independence, first he wants to go back to madrid and start talks. Whether that will materialize is the big question the reaction in the market is mixed. We are not seeing a huge rally on the stoxx 600 yes, were seeing a rally on the ibex 35, but its not transpiring into a much bigger risk on rally in the rest of europe were down when it comes to the ftse 100 the cac 40 lower to a quarter. Once again want to draw your attention to the ibex 35. ....