Disliked{quote} Coming figures from Spain unemployment change tmrw. I agree with you the importance of Spain and we see clearly the housing market is improving. Up 4% last year. I am following Cyprus very tight and not much improvements to see still in the housing market and I am suprised not more improvements due to low rates. Housing market/labour are market strongly connectedIgnored
Last week Spanish flash GDP was "good" but we wont get much key data until the end of the summer. If Spain manage to hold Q3 after all the Greek noise, China and the upcoming rates ...we may have to start paying very close attention to those numbers ...
....meanwhile the are several major macro factors in play way beyond Spain short term numbers so I don't think we will see any real impact ...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now