World Week Ahead: Dancing on US debt ceiling

Sun, 03 Sep 2017

By Margreet Dietz Sept. 4 (BusinessDesk) - Investors will eye the return of Congress on Tuesday and its ability to stave off a US default by raising the country’s federal debt ceiling, while they will also watch a European Central Bank policy meeting for a potential decision to start tapering its asset purchases. “A delayed debt ceiling hike is still clearly possible,” Goldman Sachs strategists wrote in a Tuesday note, according to Reuters.“The president continues to raise the possibility of a shutdown if the border wall is not funded, a...

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