US debt-ceiling impasse dents investor sentiment

Global equity markets suffer losses after continued US debt-ceiling negotiations ended without a deal yesterday. This increases the likelihood that the House and the Senate will both have to vote on a deal next week to prevent the US from defaulting on its debt obligations. David Kohl, Chief Economist, shares his insights into the eurozone’s latest flash purchasing managers' index data and what this means for the growth outlook.

00:14 Introduction by Bernadette Anderko (Investment Writing)

00:33 Markets wrap-up by Jonti Warris (Investment Writing)

05:46 European PMIs and growth outlook by David Kohl (Chief Economist)

10:58 Closing remarks by Bernadette Anderko (Investment Writing)

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