Nikkei hits 1-week high on hopes for progress in Washington

Thu Oct 10, 2013 7:17am BST
TOKYO, Oct 10 (Reuters) - Japan's Nikkei share average
gained 1.1 percent and hit a one-week high on Thursday, buoyed
by hopes that U.S. politicians will resolve the fiscal standoff
soon, lifting such exporters as Toyota Motor Corp and
Honda Motor Co.

The Nikkei closed up at 14,194.71 after touching
14,200.31, its highest since Oct. 3.

The Topix gained 1 percent to 1,177.95.

French Industrial Production m/m 0.2% 0.7% -0.6%

Opening Market Overview

Italian Industrial Production m/m -0.3% 0.6% -1.1%

GBP Asset Purchase Facility 375B 375B 375B

GBP Official Bank Rate 0.50% 0.50% 0.50%

FTSE100 firmly higher at midday on hopes of US deal

CAD NHPI m/m 0.1% 0.3% 0.2%

USD Unemployment Claims 374K 307K 308K

Here's how the shut down will be sorted:

Senior House Republican sources have been telling CNN since earlier this week the idea of raising the debt ceiling for four to six weeks is the most viable way out of the stalemate.

A House Democratic lawmaker told CNN on Wednesday evening that President Barack Obama held a private White House meeting. In it, he said he would likely agree to a short term debt ceiling deal if that’s what Republicans would support in order to avoid default, the lawmaker

http://ktla.com/2013/10/09/house-gop-to-unveil-short-term-debt-ceiling-increase/#ixzz2hKMozKYY

US Republicans in debt-ceiling offer

US Republicans have offered President Barack Obama a short-term debt limit increase to stave off default.

House Speaker John Boehner said they would do so in exchange for wider negotiations with the White House to end a government shutdown.

End-of-day Market Overview

Republicans offer plan to postpone U.S. default

WASHINGTON | Thu Oct 10, 2013 7:27pm BST
(Reuters) - Republicans in the House of Representatives offered a plan on Thursday that would postpone a possible U.S. default and urged President Barack Obama to negotiate an end to the 10-day government shutdown.

The move signalled a new willingness by Republicans to break a standoff of their own making that has thrown America's future creditworthiness into question.

Thousands denied shares in Royal Mail float as allocations capped at £10,000

No shares?.. You called.