Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Asian markets dipped Monday amid fears of a U.S. government shutdown affecting economic data and Fed decisions.

flag Asian markets opened cautiously Monday amid fears of a U.S. government shutdown starting Wednesday, which could delay key economic data like the September payrolls report and affect Federal Reserve decision-making. flag President Trump met with congressional leaders to discuss funding, with new tariffs on heavy trucks and pharmaceuticals set to take effect. flag A shutdown could reduce economic growth by about 0.1 percentage points per week, though historical market impact has been limited. flag The Fed may rely on private data if the shutdown extends past its October 29 meeting, slightly lowering the odds of a rate cut, though markets still expect a 90% chance of a cut in October and 65% in December. flag Equities were supported by seasonal trends, with S&P 500 and Nasdaq futures rising 0.2%. flag Regional markets showed mixed results, while bond yields held near 4.17%, the dollar steadied, gold remained near record highs, and oil prices fell as Kurdish crude resumed flowing to Turkey and OPEC+ prepares to raise output.

137 Articles