The political saga continues in the US for the 10th day, While the US government remains shut for another day. Traders are still concerned that Washington may pass the deadline to raise the debt ceiling which could certainly lead the country to a default.
The short term solution may not be a solution
However, there has been some progress made on the political gridlock front as the president Barack Obama met Democrats yesterday and meeting the Republicans today. The hope is that both sides will reach done sort of agreement which will enable them to raise the debt ceiling in a short term.اقرأ المزيد