Stock markets consolidate after the massive selloff last week. US dollar softens recovering to the highest in more than two weeks last Friday. Treasuries were mixed with yields hovering around 4-year highs. Traders also take time to digest the budget deal which would boost spending by US$300B over the next two years. The deal allows temporary financing of the government through to March 23 and suspends the debt ceiling for a year.
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Equities Consolidate after Sharp Fall; US Inflation in Focus
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