What the debt ceiling talks mean for markets
Former Fed Chair and current US Treasury Secretary Janet Yellen has once again provided a warning to investors
Former Fed Chair and current US Treasury Secretary Janet Yellen has once again provided a warning to investors
Neither the Republican or Democratic party can afford to be blamed for the unbelievable global uproar the U.S running out of money would create.
Heading into next week, expect for US debt ceiling negotiations to dominate all news flow.
The Oil price is very much in focus once again today as investors await more global data releases
As we approach the second half of the month, trading sentiment for global markets from a theme perspective could be a stronger Dollar.
This situation has overall become such a seasonal issue in headlines that no one is really pricing in a realistic probability that the largest economy in the world will actually default.
The Bank of England are set to raise UK interest rates for the 12th successive meeting – signalling to the market that more gains ahead for the British Pound?
Due to the Fed’s stance to not provide a narrative on the future outlook of interest rate policy at this moment, what Gold buyers will be hoping for is data showing inflationary pressures are cooling off for the United States economy significantly.
Traders should not allow debt ceiling headlines to disguise what is really driving financial market sentiment. The main event for the week in terms of economic data releases will be Wednesday’s U.S. inflation report.
If the selling continues and focus is not diverted somewhere else, questions will soon be asked regarding whether more regional banks will fall.
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