Headlines discussed at LNWM’s Monday morning briefing:
— Raising the U.S. debt ceiling may prove difficult, with John Boehner no longer Speaker of the House.
— The world’s bond markets have become less liquid due to post-2008 risk controls, the IMF warned.
— China is opening its currency exchange market to foreigners (central banks and large financial firms).
— An October U.S. interest rate hike is less likely, given the economy added only 142,000 jobs in Sept.
— Greece is on track to receive Eurozone funds to recapitalize its banks and remove capital controls.
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