The Day Today

Free daily news bulletins with the most recent and relevant articles on politics, economics and finance, to help you stay up to date with the current climate and movements of the markets. 

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The Day Today 2 Oct

* Govt shutdown looks unlikely to be resolved until Congress resolves the upcoming debt ceiling debate WSJ – Biggest Economic Threat: Debt Ceiling, Not Shutdown http://on.wsj.com/GzMnSC * FT: Risk of US default worries markets more than shutdown http://on.ft.com/1hk87x2 * White House Rejects 14th Amendment as Debt Ceiling Alternative {NSN MU09D90YHQ0X<GO>} * WSJ Blog on understanding…

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The Shutdown Day Today 1 Oct

And so, the US government shuts down for the first time in 17 years. Markets still trying to work out what it means, having been burnt on trading the alleged Armageddon of fiscal cliff talks at the end of last year. Uncertainty always commands a risk premium so volatility should go up, safe havens to…

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The Day Today 30 Sept

* It’s all about whether the US Govt really will shutdown if a compromise can’t be found by midnight tonight. If it does, Goldmans estimate the US econ takes a $8bn hit each week http://on.ft.com/1fTRdHV * WSJ explains how a NFP report could be released even with a shutdown http://on.wsj.com/14Tyo35 * Why shutdown now might…

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The Day Today 27 Sept

* GBP boosted by Carney in the Yorkshire Post: http://bit.ly/19LFtRw “THE Bank of England would consider the case for more quantitative easing should the recovery falter, Mark Carney told the Yorkshire Post. “But my personal view is, given the recovery has strengthened and broadened, I don’t see a case for quantitative easing and I have…

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The Day Today 26 Sept

* Panel advising Japan’s GPIF pension fund delivers interim report today on asset allocation {NSN MTPYQC6TTDSK <go>} * Kyodo news: Japan’s Govt plans “urgently” to start a study on cutting the effective corporate tax rate {NSN MTQ0EJ6S972E <go>} * W House puts pressure on with Tsy Sec Lew saying US could run out of funds…

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