The House is done voting for the week. Recess next week. DHS shuts down tomorrow night, Punchbowl reports
The announcement about the House recess and the impending DHS shutdown reflects a significant development in U.S.
US sells USD 105bln of 4-wk bills at a high rate of 3.630%, B/C 3.63x; sells USD 95bln of 8-wk bills at a high rate of 3.630%, B/C 2.88x
US President Trump's top antitrust enforcer Gail Slater is leaving the DoJ after clashes with allies of attorney-general Pam Bondi in a major shake-up at the DoJ, via FT citing post on X
The House is done voting for the week. Recess next week. DHS shuts down tomorrow night, Punchbowl reports
European Closes: Euro Stoxx 50 -0.27% at 6,019, Dax 40 -0.11% at 24,828, FTSE 100 -0.67% at 10,402, CAC 40 +0.33% at 8,341, FTSE MIB -0.62% at 46,223, IBEX 35 -0.82% at 17,897, PSI -0.49% at 9,026, SMI -0.21% at 13,543, AEX -2.02% at 989
[MARKET UPDATE] Market moves extending, as precious metals now see extensive downside, with Dollar strength and Treasuries picking up
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governance, potentially leading to heightened uncertainty in the markets. This situation could impact risk sentiment, with traders likely to focus on safe-haven assets like gold or Treasury bonds if the shutdown persists. Keep an eye on how this plays out against the backdrop of ongoing fiscal discussions.
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