The House is voting to end this partial government shutdown, according to Punchbowl's Sherman; DHS funded until next week. Rest of the outstanding agencies funded until Sept 30
Newsquawk Staff ·
The House is voting to end this partial government shutdown, according to Punchbowl's Sherman; DHS funded until next week. Rest of the outstanding agencies funded until Sept 30.
What it means
The announcement about the House voting to end the partial government shutdown indicates a temporary resolution, which could alleviate some immediate uncertainties in the markets. However, with funding only extended until September 30 for some agencies, this sets the stage for potential ongoing negotiations and volatility in fiscal policy. Traders should monitor developments as they could impact investor sentiment and risk appetite in the near term.
Sources
- Brussels is demanding that the UK be bound by European restrictions on Chinese EVs and that ministers imposetariffs of up to 35% on Chinese-made EVs as the price of allowing British car firms equal access to EU markets, reports The Times
- US Senate Commerce Committee to hold November 10th confirmation hearing for FCC Commissioner nominee Thumann
- The US DoJ is ramping up a criminal investigation into the Alaska US Senate race, issuing more than 100 subpoenas and at least 20 target letters to Democrats, reports ABC citing sources
- Swedish parliament rejects Centre Party leader’s candidacy for PM
- UK's Unite Union says the Apache offshore workers are escalating their strike action on various offshore platforms with a 24-hour period of strikes
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