The US House of Representatives passed a bill late yesterday to suspend the USD 31.4 trillion debt ceiling. The bill will now pass to the Senate just days before Monday’s US default deadline. Norbert Rücker, Head of Macro & Next Generation Research, provides us with an update on oil, and Nicolas Jordan, from the CIO Strategy & Investment Analysis team, shares the latest thoughts of our CIO’s Investment Committee.

00:14 Introduction by Helen Freer (Investment Writing)

00:43 Markets wrap-up by Jonti Warris (Investment Writing)

05:05 Oil update by Norbert Rücker (Head of Macro & Next Generation Research)

08:22 Update from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis)

10:11 Closing remarks by Helen Freer (Investment Writing)

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Debt ceiling bill passes in the House with broad bipartisan support