Next Wednesday 15 March has the potential to be a big turning point for US markets.

While the Federal Reserve is widely expected to raise interest rates, traders may look for hints as to how many more increases are planned, and what impact the end of the debt ceiling deal could have on government and monetary policy.

The preliminary budget request from President Trump, due on Thursday 16 March  meanwhile, may give traders a clearer idea on priorities and spark another round of traders working out the winners and losers.


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