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Forex Flash: Debt ceiling concerns to weigh on Q1 - Standard Chartered

By FXstreet.com,  January 02, 2013, 06:10:00 PM EDT

FXstreet.com (Barcelona) - After the fiscal cliff was averted, Standard Chartered reminds its clients that policy continues to tighten, a change that "will keep growth in the US modest" says the bank. The end of the Social Security tax holiday, according to Standard Chartered, "means most Americans will see a drop in their take-home pay..." Focus on the debt ceiling will be at the fore front now, the bank adds.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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