Punchbowl, on the US fiscal situation: "Barring some dramatic turnaround, Congress will leave town today without having funded DHS, triggering a shutdown of the department."
The commentary on Congress potentially leaving without funding the Department of Homeland Security (DHS) suggests an imminent government shutdown, which could lead to heightened uncertainty in the markets.
US President Trump administration expands efforts to revoke US citizenship for foreign born Americans, as it works to curb immigration
Japan's PayPay App is looking at a USD 19.6bln Nasdaq IPO in March
Punchbowl, on the US fiscal situation: "Barring some dramatic turnaround, Congress will leave town today without having funded DHS, triggering a shutdown of the department."
US Treasury Secretary Bessent agreed with the suggestion that the Senate Banking Committee could investigate Fed Chair Powell, instead of the Department of Justice, Semafor reports citing sources; to see if Tillis (R) would lift his block on Fed nominees
[MARKET ANALYSIS] Copper underpinned by early European positive, spot gold uneventful amid light macro news flow
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This situation may influence investor sentiment, particularly in safe-haven assets, as concerns grow over government operational continuity and broader fiscal stability.
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