Asian shares bounced back today after U.S. President Donald Trump and congressional leaders unexpectedly agreed to raise the government debt limit until December, eliminating the near-term risk of a government shutdown.
The euro maintained this week's slim gains ahead of the European Central Bank's policy meeting later in the day while oil prices were supported as U.S. Gulf Coast refineries restart in the wake of Hurricane Harvey. Trump forged a surprising deal with Democrats in Congress to raise the U.S. debt limit and provide government funding until Dec. 15, embracing his political adversaries and blindsiding fellow Republicans in a rare bipartisan accord.
Source :Reuters
More will update soon!!
