
U.S. debt ceiling talks in focus amid political gridlock in Washington, UK Banking sector was calmed by First Republic Bank purchase and HSBC profits, Wagamama chain and rural pubs help the Restaurant Group regain its mojo.

U.S. debt ceiling talks in focus amid political gridlock in Washington, UK Banking sector was calmed by First Republic Bank purchase and HSBC profits, Wagamama chain and rural pubs help the Restaurant Group regain its mojo.

The realisation is dawning that more ominous clouds are gathering over the U.S. economy, causing fresh nervousness for investors.

With a gloomy growth picture in the west, is it time to look east to boost growth potential asks Joseph Hill, Senior Investment Analyst at Hargreaves Lansdown.
Gold had a particularly stormy session as it initially sliced below the crucial $1980 region, dragged down by a stronger US dollar and rising real yields, before bouncing back to reclaim that territory as both the dollar and yields cooled off.