A look at the day ahead in European and global markets from Kevin Buckland.
Politics has the spotlight at the start of a new week, falling chiefly - still - on the U.S. debt ceiling standoff.
Despite that setback, and deep partisan rifts, both Biden and analysts say there are signs of progress. Biden is confident enough that he's still planning on boarding a Wednesday flight to Hiroshima for the G7 summit. Currency markets though were paying more attention to stunning regional election results in Thailand and Turkey.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morning bid: Major macro signals from China, JapanA look at the day ahead in Asian markets from Jamie McGeever.
Read more »
Gold Price Forecast: XAU/USD shows volatility contraction around $2,010.00 ahead of US debt ceiling talksGold price (XAU/USD) is showing signs of contraction in volatility after a broader recovery to near $2,010.00 in the early Tokyo session. The precious
Read more »
GBP/USD attempts a recovery near 1.2450 ahead of US debt-ceiling talks and UK EmploymentGBP/USD is gathering strength for a recovery move from near the 1.2450 support as the US Dollar Index (DXY) has demonstrated a loss in the upside mome
Read more »
Republicans, Democrats Making Progress in Debt-Limit Talks, Yellen SaysThe Biden administration and congressional Republicans are making progress in their negotiations over federal spending and raising the debt limit, Treasury Secretary Janet Yellen said.
Read more »
Social Security, Medicare, federal salaries: What payments may be delayed in debt ceiling standoffThe U.S. may not have enough money to pay its bills as soon as June 1. At that point, it's unclear when and to whom the government would dole out funds.
Read more »
European countries that guarantee 5 weeks of paid time off: listForget summer Fridays: These 9 European countries guarantee workers at least 5 weeks of paid vacation per year
Read more »