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About: lishitong

Recent Posts by lishitong

Debt-Limit Talks Resume

After a brief setback in debt ceiling talks, US President Joe Biden is set to resume discussions with Kevin McCarthy President Biden is scheduled to resume discussions on the debt limit with House Speaker Kevin McCarthy on Monday, following his participation in the G-7 Summit. The dollar index reached its highest level since March beforeContinue Reading

Written on May 22, 2023 at 5:58 am

Categories: Daily Market Analysis

Tags: Daily Market Analysis

Optimism Showed About Debt Ceiling Between Biden and McCarthy

House Speaker Kevin McCarthy was optimistic that congressional negotiators could reach a deal to raise or suspend the debt ceiling in time. The focus on resolving the debt limit issue overshadowed macroeconomic data as the June 1 deadline approached. McCarthy’s positive outlook came after a meeting at the White House and the involvement of trustedContinue Reading

Written on May 22, 2023 at 5:04 am

Categories: Weekly Outlook

Dollar Surges On Positive Data And US Debt Ceiling Deal

Optimism In The Markets Has Seen The US Dollar Index And Equities Rising In Tandem The Dollar Index surged, buoyed by upbeat economic data, and the optimism surrounding a potential deal to raise the US debt ceiling. Prominent Republican Kevin McCarthy expressed confidence in passing a bill to increase the debt ceiling, surpassing previous progress.Continue Reading

Written on May 19, 2023 at 6:10 am

Categories: Daily Market Analysis

Tags: Daily Market Analysis

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