Mitsubishi UFJ: End of US government shutdown will boost investor sentiment
ChainCatcher News, according to Golden Ten Data, Lloyd Chan, Senior Currency Analyst at Mitsubishi UFJ Singapore Branch, stated that an agreement to end the government shutdown could trigger a significant market reaction, mainly by reducing data uncertainty and boosting investor sentiment. The recent rebound in the US stock market appears to be driven by both a technical recovery and market optimism that the government shutdown is about to end.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD/JPY breaks above 155 for the first time since February
The U.S. House of Representatives will vote at 8 a.m. tomorrow on a bill to end the government shutdown.
