Morning Bid: Debt impasse dominates in big day for politics

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Morning Bid: Debt impasse dominates in big day for politics
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A look at the day ahead in European and global markets from Kevin Buckland.

Politics has the spotlight at the start of a new week, falling chiefly - still - on the U.S. debt ceiling standoff.

Despite that setback, and deep partisan rifts, both Biden and analysts say there are signs of progress. Biden is confident enough that he's still planning on boarding a Wednesday flight to Hiroshima for the G7 summit. Currency markets though were paying more attention to stunning regional election results in Thailand and Turkey.

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