Market Briefs • NZ: NZIER Business Confidence Index: 38.0 vs. 31.0 prev • AU: AIG Construction Index: 47.6 vs. 43.7 prev • US: White House’s Sperling - President has made it clear he is willing to negotiate w/Congress but not under threat of default • US: White house says supports efforts by Senate Democrats for a clean bill that would raise debt ceiling for a year • US: Obama says he is happy to talk to Republicans about anything but not under threat of shut-down or default, very strong suspicion that there are enough votes to pass House bill • Japan: Vice FinMin Furusawa - there could be broad international repercussions to the ongoing uncertainty in the US fiscal situation • CNY: Chinese FinMin US needs to take realistic & resolute steps to avoid default of Nat’l debt • EU: Italian transport minister Lupi says government is seeking to safeguard Alitalia as a strategic asset • US: Housing regulator says it filed paperwork to build a new firm that could ultimately replace Fannie Mae/ Freddie Mac • US: Aug consumer credit, 13.63bn, f/c 12.00bn, 10.40bn-prev
Posted on: Mon, 07 Oct 2013 21:33:06 +0000
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