Over the weekend, US congressional leaders and the White House agreed on a deal to resolve the Debt Ceiling crisis. The legislation now needs to pass both houses of Congress ahead of a June 5th deadline, which has been pushed
Building on yesterday’s US market gains of 0.3%-0.4%, which came on the back of a stronger than expected ADP payrolls report (568K vs street 428K), overseas markets have been rebounding overnight as well. The particularly depressed Hang Seng popped 3.0%,
The start of the last trading week for this month and quarter finds investors indecisive amid continuing uncertainties. US index futures are mixed with Dow futures up 0.1%, S&P futures down 0.3% and NASDAQ futures down 0.7%. Commodities are mixed