US debt ceiling negotiations in focus for next week

Ongoing concerns over the United States banking sector appeared to contribute to the mixed trading sessions for global markets yesterday as we head into the final trading day of the week today. Focus should now begin to shift towards the US debt ceiling negotiations for the main headline risk heading into next week.

Data releases such as the monthly inflation report and employment report from the United States over the last week has allowed the Federal Reserve to bide its time before communicating to the market what is next for interest rate policy.

South Africa’s economic fundamentals have regrettably underperformed for years. Headlines that South Africa supplied weapons to Russia have caught the eyes of Washington, meaning that geopolitical risk concerns have also needed to be priced in the Rand.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kitco daily macro-economic/business digest - May 10
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Kitco daily macro-economic/business digest - May 11Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Gold ETF investment demand improved in April, but the market remains negative year-to-dateKitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

The future of the USD/CAD pair: long-term forecastKitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »