Negotiations between US Democrats and the White House are ongoing, but right now, a deal on a stopgap funding measure seems unlikely, Punchbowl reports
The ongoing negotiations between US Democrats and the White House regarding a stopgap funding measure signal rising uncertainty in fiscal policy.
Kenya's Treasury Secretary Mbadi says "it might be an ideal time to go to the market", with regards to eurobond issuance, Bloomberg reports
Iranian Supreme leader Khamenei's advisor says that Iranian negotiators have no authority to discuss missiles
Negotiations between US Democrats and the White House are ongoing, but right now, a deal on a stopgap funding measure seems unlikely, Punchbowl reports
China is reportedly considering probing wine from France; could consider launching anti-dumping duty to French wine, and potentially take counter measures against the EU if it adopt duties
UK Chancellor Reeves is expected to say that the biggest prize for the UK is stronger ties with the EU, Politico reports citing extracts; "... the biggest prize is closer integration with Europe.”
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The lack of progress on a deal could lead to concerns over potential government shutdowns, impacting market sentiment and possibly leading to volatility in equities and bonds as investors reevaluate risk. Watch for safe-haven assets to react if tensions continue to escalate without resolution.
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