Analysts expect limited support for US strikes on Syria
White House efforts to convince the US Congress of Syrian strike appear to be stalling.
With voting on the proposed military strike due to take place as early as Wednesday; enthusiasm is predicted minimal:
Only about a quarter of the Senate's 100 members and fewer than 25 members of the 435-seat House have been willing to go on record in support of Obama's request, according to a tally by the Washington Post. Seventeen senators and 111 House members are on record against.
(Reuters)
Jim Reid, strategist, Deutsche Bank:
Whilst the Dow Jones is expected to open 30 points higher today, at 14,952, anticipation on the market response to the vote remains high. The price of oil has increased 10 per cent since May, with Syria remaining an excuse for a punt for many investors.