U.S. debt-limit deal elicits cautious optimism though market fundamentals remain 'precarious'

  • 📰 financialpost
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 85%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

On a short trading day in the U.S., investors appeared cautiously optimistic that a tentative debt\u002Dceiling deal will avert default. Read on.

SBB gained after the embattled Swedish landlord said it may look to sell the company. A gauge of Asia-Pacific equities rose, though Chinese shares slid closer to a bear market.

“The obvious positive interpretation is that a negative tail risk is close to being taken off the table,” said Dan Suzuki, deputy chief investment officer at Richard Bernstein Advisors. “With the distraction of the debt ceiling fading into the background, investors can now refocus their attention on the underlying fundamentals. One concern, though, is that the fundamental picture remains precarious.

Meanwhile, Turkey’s lira weakened after Recep Tayyip Erdogan won a presidential runoff election on May 28, extending his time as the nation’s longest-serving leader and leaving investors looking for any signs he’ll start to relax the state’s tight grip over markets. The nation’s stocks benchmark gained

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 7. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Housing market still hot, local experts emphasize importance of adviceRead the full story and comment on Tbnewswatch.com
La source: tbnewswatch - 🏆 75. / 51 Lire la suite »