News Headline Summary

Market talk of a think tank that says while Obama will use the bully pulpit and his 'outside game' to pressure Republicans to raise the debt ceiling without conditions, the GOP will decide its negotiating strategy this week - Unconfirmed

Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

Update details:

- Contacts suggest that it is becoming increasingly possible that the two sides will address the debt ceiling and the need for another budget deal separately and that the sequester may be allowed to take hold.

Print 14:19, 16 Jan 2013 - Economic commentary - Source: RANsquawk