US shares act lower if the government’s closure looms

US shares act lower if the government’s closure looms

US stock markets were lower and gold withdrew from a record high on Tuesday when traders steal for a possible closure of the US government.

Conggres leaders met President Donald Trump on Monday to look for a breakthrough for a deadline on Tuesday at midnight, but the top -sensate democrat Chuck Schumer told reporters that “big differences” remained.

Vice -President JD Vance accused the Democrats of “bringing a gun to the American people” with their financing requirements, and added: “I think we are on our way to a closure because the Democrats are not doing the right one.”

Although closures are usually not painful, the markets remained careful, analysts said.

“Most of the closure-the most of the most of the most of the lasting only a few days and investors seem to have a long-term vision on the situation, and the short duration of most incidents has little influence on the business profits,” said Neil Wilson, investor strategist at Saxo.


Wilson, however, warned: “This time it could be different. Deep political divisions could see this resistance. A longer closure could have serious consequences for shares.” He pointed to the White House that threatened masses, while recent changes in economic policy were added to the uncertainty and the loss of loss of the loss, although the Dow was limited, although the Dow was, although the DOW was limited. right.

Paris was downstairs while London and Frankfurt were in the afternoon agreements. The most important indexes of Asia closed mixed.

Gold, a safe port investment in times of uncertainty, reached another peak above $ 3,871 per ounce before he fell later in the day.

Speculation is growing that it could reach $ 4,000 soon, after he has stacked nearly 50 percent since the change of the year.

The dollar per recovery.

“The case in the longer term still supports further increases in the gold price,” says Kathleen Brooks, research director at XTB Trading Platform.

“Dollar weakness, rising inflation expectations and the prospect of reducing the FED rate all control this golden rally.”

There is a closure of the release of this week’s government statistics on the labor market, including non-agricultural wage lists, which can give instructions on the following interest rates of the Federal Reserve.

Recent indicators have supported the expectations of investors that the US central bank will lower the loan costs twice this year after reducing this month if the labor market soothes.

“A delay from the release of the non-farming report this week could cause some volatility, because this report was considered the last part of the puzzle before the Fed Rate reduction in October,” said Brooks.

“But,” she added, “we don’t think that a rate reduction will derail the next month.”

Among individual companies, Spotify shares fell three percent after co-founder Daniel Ek had announced that he would resign as CEO of the music streaming giant and hand to day management for two lieutenants.

In the meantime, the oil prices fell further out of the fear of an abundance in the midst of the talk about OPEC+ Wandeloutput again when civil servants meet on Sunday.

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