Spanish Spotlight Intensifies

Compare Money Transfer Rates

Market concerns surrounding Spain’s fiscal situation failed to abate, as the cost for insuring Spanish debt rose to an all-time high yesterday. Against this backdrop, market participants will keenly eye the outcome of Spanish short term bond auction and European sentiment indices due later today. Across the Atlantic, retail sales for March surprised market participants on the upside yesterday and led gains in high yield currencies. Today’s industrial production and housing data are expected to garner some market interest.

At home, consumer price inflation rose to 3.5% for March, still below the BoE’s 2% target. This has shifted focus onto tomorrow’s minutes of the BoE’s latest policy meeting.

Company Details

Spanish Spotlight Intensifies

Get a quick quote

Open Account with FC Exchange

FC Exchange are located at:
Salisbury House, Finsbury Circus, Greater London, EC2M 4QQ, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882