Asian Markets and US Dollar React to US Government Shutdown Risks
TL;DR Summary
Asian stock markets opened cautiously amid concerns over a potential US government shutdown, which could delay key economic data and impact Federal Reserve policy decisions. Despite this, markets are supported by seasonal buying, with some indices showing gains for September. Oil prices declined slightly, and bond markets showed resilience, while the dollar remained steady amid positive US economic data. The outcome of US political negotiations and upcoming central bank meetings are key uncertainties.
- Shares cautious in Asia as US government faces shutdown risk Reuters
- Dollar on the defensive before data releases, risk of US government shutdown Reuters
- USD/JPY’s Volatility May Increase on Upcoming Data, Events The Wall Street Journal
- Bloomberg Daybreak Asia: Shutdown Looms, APAC Stocks Mixed Bloomberg.com
- US stock futures edge higher; govt. shutdown in focus Investing.com
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