To: John Pitera who wrote (18403 ) 9/27/2016 10:39:56 AM From: John Pitera Respond to Iran pulls the rug out from under any chances of an oil deal in Algiers, the Mexican peso calls the debate for Clinton and Deutsche Bank is having another day to forget.
Hillary Clinton , won. In markets, the Mexican peso seems to agree , with the currency rallying as much as 2 percent after the head-to-head concluded. Supporters of Republican nominee Donald Trump said that their candidate would now hit battleground states hard.
Deutsche Bank falling again
down 3.4 percent to 10.21 euros at6:05 a.m. ET. The bank has been under pressure due to a $14 billion request from the U.S. Department of Justice to settle claims over sales of mortgage-backed securities, as well as German Chancellor Angela Merkel's lack of enthusiasm for bailing out the bank, should it become necessary. For Merkel, it seems there may be a lengthening list of German companies to worry about as the DOJ is currently assessing how big of a fine it can extract from Volkswagen AG over emissions-cheating without putting the carmaker out of business.
rose 0.7 percent for its first session of gains in three days, with Japan's Topix index adding 1 percent by the close. In Europe, where stocks opened higher, the Stoxx 600 Index was down 0.5 percent by 6:15 a.m. ET as banks and carmakers came under pressure. S&P 500 futures were 0.2 percent higher , paring a gain of as much as 0.7 percent following the debate.
Europe's banks spur demand for safe assets. Germany's 10-year yield fell to the lowest since July and Finland's dropped below zero for the first time. 0-year yield dropped to a record low. The outlook may be different for Treasuries, a warned of the risks of holding the instruments as the Federal Reserve moves towards raising rates.
