Market news
28.06.2016, 11:00

Fitch: latest Spanish election may reduce political risk but uncertainty remains

  • Sunday's outcome is less likely to result in a repeat of 6-month political stalemate that followed that in Dec 2015.

  • signs that a high level of consumer confidence may have reduced Brexit -related falls in fin markets represent key downside risk.

  • further period of political stalemate likely to have more negative impact on confidence and growth than after December's election.

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