2min chapter

HSBC Global Viewpoint: Banking and Markets cover image

The Macro Viewpoint - US debt ceiling, Swedish lessons, what’s concerning companies

HSBC Global Viewpoint: Banking and Markets

CHAPTER

The Effects of No Deal on the Currency Market

President Biden has expressed confidence that an agreement can be reached. The House Speaker, Mr McCarthy has said that a deal this week is doable. We'll see if all of that happens. And Dara, has this had any impact on the markets yet? Because obviously the effects of no deal could be significant but we have been here before. It seems to be part of US politics almost around the debt ceiling.

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