Debt ceiling talks end with no deal, leaving markets mixed.

1 min read
Source: CNBC
Debt ceiling talks end with no deal, leaving markets mixed.
Photo: CNBC
TL;DR Summary

Asia-Pacific markets were mixed as talks between U.S President Joe Biden and House Speaker Kevin McCarthy ended without a deal. New Zealand's central bank is expected to raise its benchmark policy rates to 5.5% when it meets Tuesday. Japan's manufacturing sector recorded an expansion for the first time in seven months, according to flash estimates by the au Jibun Bank. Cryptocurrencies were flat to start the week as movements in stocks and bond yields continued to push and pull on crypto prices. Shares of Micron Technology fell more than 3% amid news that China will restrict some sales of the memory chipmakers' products.

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