South African rand flat but market nervous after last week's record low
The South African rand was broadly flat in early trade on Monday, but market players were on edge after the currency struck a record low last week.
Source: reuters.com
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Asian shares, US futures rise on debt ceiling deal
S&P 500 futures rose in early trade while Nasdaq futures firmed. Nikkei surged to a fresh 33-year high.
Source: reuters.com
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Morning Bid: Dollar flexes its muscles
A look at the day ahead in Asian markets from Jamie McGeever.
Source: reuters.com
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ANALYST VIEW Investors react to tentative US debt ceiling deal
U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate, two sources familiar with the negotiations said on Saturday.
Source: reuters.com
Debt-Limit Deal Omits Broad Overhaul to Speed Up Energy Permits
A plan to speed up energy project approvals has largely been scrapped from the accord to lift the debt ceiling, a win for progressives who opposed broad changes to a bedrock environmental law, according to a Democratic aide familiar with the matter.
Source: bqprime.com