US Budget Chair Lindsey Graham is expected to release a text of ICE budget resolution this morning, two sources told POLITICO
Lindsey Graham's expected release of the ICE budget resolution suggests a significant push towards establishing long-term funding for key agencies, contingent on new enforcement measures.
WSJ reports that "Iran has told regional mediators that it would send a negotiating team to Islamabad on Tuesday", citing sources; though this has not been publicly confirmed the piece notes
BoJ is reportedly set to stay on hold in April but keep a hawkish stance, Bloomberg reports citing sources
US Budget Chair Lindsey Graham is expected to release a text of ICE budget resolution this morning, two sources told POLITICO
[MARKET ANALYSIS] DXY firms, NZD leads post-inflation data, GBP knocked by domestic politics
[MARKET ANALYSIS] Fixed benchmarks mixed awaiting geopolitical updates, Gilts digest domestic politics
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- It is expected to direct the Judiciary Committee and Homeland Security and Governmental Affairs Committee to draft long-term funding legislation for ICE and other agencies Democrats have refused to fund without new enforcement guardrails.
This could influence market perceptions of government stability and funding flows, particularly in sectors reliant on regulatory clarity and financial services. Traders should watch for potential impacts on equities and fixed income, especially if it signals broader bipartisan support or contention in budget negotiations.
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