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End To US Fiscal Impasse Offers Short-Term Respite: Richard Gibbs

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October 17: Richard Gibbs, Global Head at Macquarie Securities, says the end to the US shutdown avoids a default but doesn’t remove the risk to fiscal policy formulation. Markets need to look introspectively at what is going on in the US and its likely implications, he says, adding that any big global event over the next 3 months will hurt market risk appetite.