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Debt Deal Help Lifts the US Dollar
The gains in US equities and the apparent US budget agreement has underpinned equities today and the US dollar. Asia Pacific equities recouped yesterday's losses, and Europe's Dow Jones Stoxx is posting gains for the third consecutive session, helped by some earning beats, to probe two-week highs. US shares are firmer. Benchmark 10-year yields are mixed with the Asia Pacific softer and European firmer. Despite elevated political tensions in Italy, Italian bonds are bucking the regional trend with softer yields. The UK will have a new Prime Minister shortly, but the prospects of a no-deal Brexit and dovish comments by ... (full story)