Dec ISM manufacturing data will be out in an hour (1500 GMT) but comments from ratings agencies about the US budget are the greater risk.
Indications about a downgrade would roil markets but it’s a difficult trade because a number of crosses would feel the push and pull. The most straightforward reaction would be yen buying.
Reports like this illustrate how US politicians have completely lost the plot:
“Go f— yourself,” Boehner sniped as he pointed his finger at Reid, according to multiple sources present.
Reid, a bit startled, replied: “What are you talking about?”
Boehner repeated: “Go f— yourself.”
The harsh exchange just a few steps from the Oval Office — which Boehner later bragged about to fellow Republicans…
