Reuters reports on the elections in the Catalan region of Spain on Sunday:
Separatist parties are seen winning a solid absolute majority of seats according to an exit poll conducted by TV3
- The poll shows the main secessionist group "Junts pel Si" (Together for Yes) would get between 63 and 66 seats ( in the 135 seat assembly)
- CUP would secure another 11 to 13 seats
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Adam did a preview of the election, here for more background:
- What Sunday's Catalonia election means for the euro
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I've got the early prices showing the EUR/USD about 10 or so points off. Which sounds about the right response, though in this thin market it may extend a little. Any secession it's a long, long way off with many, many hurdles to clear.
