Market news
22.10.2021, 02:12

US Presi. Biden: Confident on getting a deal on key spending proposals

While speaking to CNN News on Friday, US President Joe Biden said. "I do think I'll get a deal" on key spending proposals.

Additional quotes

"It's all about compromise. You know, compromise has become a dirty word, but ... bipartisanship and compromise still have to be possible."

On whether he will be able to push such ambitious legislation across the finish line, Biden said, "everybody's been saying, well, 'that's crazy, you can't do it. If we can't eventually in this country, we're in deep trouble."

“The corporate tax rate won't rise.”

On the supply chain bottlenecks, he said, “may call in the national guard to drive trucks.”

“The US had made a commitment to defend Taiwan in the event of a Chinese attack.” 

US dollar remains on the defensive

The US dollar index posts small losses so far this Friday, under pressure by the resurgent risk-on flows, courtesy of the surprise China Evergrande payment.

The spot was last seen trading at 93.73, down 0.04% on the day.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location