State of the market: the US government shutdown is postponed
As it became known this morning, Democrats and Republicans representatives of the United States managed to agree on a partial budget adoption. So they have postponed the possibility of a quick and repeated closure of the government in the USA. The main stumbling block continues to be money to build a wall on the border of the United States and Mexico. Despite the fact that at first glance the politicians agreed, there are no clear deadlines for the allocation of money. It is also not known how the US President D. Trump reacted to this.
From the start of the day, stock indices have been trading mostly above zero due to the growth of Chinese indices. Also in the stock market remains some restraint associated with possible risks.
Since the beginning of the day, the US dollar index has been trading with a slight decrease in the correction after the growth and update of the annual high. The growth of the US state bonds profitability also had a restrained pressure on the American dollar.
Read also: “Fundamental Analysis: The Influence of Inflation Indicators on World Currencies”
Hanzenko Anton
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