Russia’s Micex stock market fell to 3.5% while the dollar-denominated RTS index lost 4.3% in early trading, following US president Obama’s announcement of further sanctions.
The sometimes controversial package of legislation known as ‘Obamacare’ in the US is set to drive change and multi-year acceleration in growth in the healthcare sector, says Gemma Game, maanger of the AXA Framlington Health Fund.
Giuseppe Sersale, strategist di Anthilia Capital Partners Sgr, commenta la decisione del governo americano di chiudere gli uffici pubblici.
Amidst the first US federal government shutdown for 17 years, BNP Paribas asks why this situation has come about and how long it could last.
Trevor Greetham, director of Asset Allocation at Fidelity Worldwide Investment, says the backdrop is still friendly to equities, despite the US government shutting down in the wake of its latest budget difficulties.
Joanna Shatney, head of US Large Cap Equities at Schroders says the latest conflict surrounding the US budget masks the long term investment opportunities.
Russell Investments describes US congressional budget debates as ‘the gift that keeps on giving’.
US president Barack Obama has posted a video explaining, in his own words, what he thinks of the deal to avoid mandated tax hikes and spending cuts by the US federal government, the so-called fiscal cliff.
Despite the fact that Barack Obama’s victory in the US election yesterday spells out good news for Russia, the local equity market has failed to rebound at the news.
Top US corporates are demonstrating resilience and even growth, despite the headwinds presented by the uncertainty surrounding the US presidential election, the damage from hurricane Sandy over the past week and the drag from the ongoing Eurozone crisis.
With the final outcome of the US presidential election still too close to call, markets are now focusing on the likelihood and impact of the so-called “fiscal cliff” where previously determined measures will impact both future spending and revenues by the government.
The fiscal cliff, Dodd-Frank and possible changes at the SEC and CFTC are the three key areas that are likely to be impacted by the outcome of next week’s US presidential election, according to analysis from NYSE Euronext.