Flash: A US eclipse – TD Securities

FXstreet.com (London) - Research teams at TD Securities note the US political situation is eclipsing everything right now.

Key Quote

“... even if a temporary extension to the debt ceiling is passed, it is likely that European markets will still be watching the US for guidance as the delayed data releases will start to roll out including the important payrolls release. The calendar for European data in the week ahead is quiet”.

Flash: weight on US near term – BTMU

Lee Hardman at Bank of Tokyp Mitsubishi said the ongoing government shutdown and looming debt ceiling deadline have resulted in the release of the latest FOMC minutes being viewed as even more backward looking limiting their market impact.
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AUD/USD retests highs

The AUD/USD rose to retest daily highs during the American session underpinned by strong stocks gains and prospects of a 6-week extension on the US debt ceiling.
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