Intraday Market Thoughts

Senate Deal On, Taper Cearly Off

by Ashraf Laidi
Oct 16, 2013 18:55

The US debt can is kicked at ever shorter distances as markets cling to hopes that US Senate leaders has reached a deal to re-open the government until January 15 and raise the debt ceiling until February 7th with a $986 bn funding. While a Senate deal is on, Fed tapering of asset purchases shall remain clearly off well into year-end. Full Analysis


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