Markets gripped by US debt ceiling talks

By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended “productive talks” without a

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Europe PMI, debt ceiling talks dominate

By Jameel Ahmad, Chief Analyst at CompareBroker.io   From an economic data perspective, the main focus on Tuesday is the flash PMI readings from across Europe. The looming shadow in the background is

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Signs of life in U.S. homebuilding

By Moody’s Analytics   U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily

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