The Trader 

Market Outlook: Catalan leader to declare independence

The Trader

A general strike in Catalonia yesterday to protest police heavy handedness on Sunday’s referendum on splitting from Spain saw approximately 700,000 people demonstrating on the streets of Barcelona.  In an interview with the BBC pro-independence leader Carles Puigdemont said his administration would ‘act at the end of this week or the beginning of next’.  In a rare televised speech, King Felipe labelled the Catalan government irresponsible and had ‘placed themselves outside the law and democracy’ and reminded of the monarchy’s commitment to a united country.

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