U.S. budget bill

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U.S. budget bill: It’s a done deal

LONDON | Barclays analysts | US equities rallied strongly and high-beta/high-yielding currencies benefited most in response to initial news of the deal. This positive sentiment has supported most Asian equities today. However, the reaction in currency markets has been more muted, perhaps reflecting the high degree of market optimism on a resolution since the US government shutdown began on 1 October.