Stocks, Commodities Rise on U.S. Budget Optimism

Stocks around the world snapped the longest losing streak in almost a year on optimism a deal can be reached to avoid automatic spending cuts and tax increases. Oil led commodities higher while the dollar and Treasuries fell.
Philippines Has Scope to Keep Policy Stance: Guinigundo
18:45 - Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo talks about the Philippine economy and monetary policy. The Philippines held its benchmark interest rate for a fourth straight meeting as an anticipated acceleration in economic growth reduces the need for stimulus. Guinigundo speaks from Manila with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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