News hero gradient

Debt Ceiling

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular
downtrend chart

S&P 500 hints at swing high following Powell’s hawkish speech: The Week Ahead

Hawkish comments from Jerome Powell with the threat of further hikes snapped Wall Street’s 8-day wining streak, and hints at a swing high on the S&P 500 heading into the weekend. And that puts traders on high alert for next week’s inflation report, not to mention the threat of a government shutdown if the debt ceiling is not raised by Friday.

default avatar
November 10, 2023 10:42 AM
"Newspaper snippet of jobs board"

WTI Crude Oil Analysis: The Debt ceiling bill makes it to Biden’s desk

It appears that US congress actually want to enjoy this weekend, having managed to get the debt-ceiling bill passed through the House and Senate and onto Joe Biden’s desk for his signoff - with a full business day remaining.

default avatar
June 2, 2023 03:02 PM
Gold nuggets

Can gold bugs reclaim $2000 on Fed-pause bets? The Week Ahead

The debt-ceiling is on track to be raised which resulted in strong rally for risk assets such as the Nasdaq and S&P 500 on Friday, ahead of the long weekend.

Why trade with City Index?

Tight spreads from 0.5 pts on FX and 1 pt on indices.


Award-winning platforms with fast and secure execution.

N_A_Promo_Block_BG_Comp
Chart showing uptrend

Euro analysis: Is EUR/USD breaking out after the debt ceiling deal?

EUR/USD's bullish move off support suggests we may finally be breaking out of May's big falling wedge pattern...

Close-up of market chart

The Week Ahead: S&P 500 bears begin to capitulate on debt-ceiling hopes

We could be off to a quiet start to the week as public holidays in the UK and US will see key trading hubs closed on Monday. But whilst low-liquidity sessions can be quiet, they can also provide uncomfortable levels of volatility should an unexpected catalyst arrive.

default avatar
May 26, 2023 01:12 PM

Euro analysis: EUR/USD hits a 6-week low, 1.08 in sight?

EUR/USD is nearing a key level of previous-resistance-turned-support at 1.0800, where bulls may try to stem the bleeding later this week.

Congress building

Index in Focus: S&P 500; Who wants to make a deal regarding the US Debt Ceiling?

If an agreement is reached, will stock markets continue to make all-time highs?

October 7, 2021 07:55 AM

Open an account in minutes

Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.

N_A_Promo_Block_BG_Comp