(Reuters) - The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to 1 million workers on unpaid leave, closing national parks and stalling medical research projects.
Federal agencies were directed to cut back services after lawmakers could not break a political stalemate that sparked new questions...
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Daily Market Review- 1st October 2013
Fundamental News
Today’s highlights:
• SVME PMI (CH: 08:30 GMT)
• Italian Manufacturing PMI (Ita: 08:43 GMT)
• French Manufacturing PMI (Fra: 08:48 GMT)
• German Manufacturing PMI (Ger: 08:53 GMT)
• German Unemployment Rate (Ger: 08:55 GMT)
• Manufacturing PMI (EU: 08:58 GMT)
• Manufacturing PMI (GB; 09:48 GMT)
• Unemployment Rate (EU: 10:00 GMT)
• RBC Manufacturing PMI (Can: 14:30 GMT)
• ISM Manufacturing Index (U.S: 15:00 GMT)
The U.S. Congress headed into the final...
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Weekly Market Review- 30th September 2013
An article published by Bloomberg News reported that the U.S. government stands poised for its first partial shutdown in 17 years at midnight tonight, after a weekend with no signs of negotiations or compromise from either the House or Senate to avert it. Republicans and Democrats in Congress say they don’t want a shutdown, though...
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Gold, oil and government shutdowns-SAN FRANCISCO (MarketWatch) — History, at least when it comes to gold, oil and U.S. government crises, may surprise you
The federal government is facing a shutdown next week but that doesn’t automatically mean that oil prices will take a hit from the weaker economic environment that implies, or that gold will get a safe-haven boost from the uncertainty it creates.
And given...