US House approves funds to end government shutdown; sends to US President Trump for signing into law
The US House's approval of funds to prevent a government shutdown indicates increased short-term fiscal stability, which is likely to bolster risk sentiment in equities and could support the USD against other currencies.
CRUDE WRAP: WTI (H6) SETTLES USD 1.07 HIGHER AT USD 63.21/BBL; BRENT (H6) SETTLES USD 1.03 HIGHER AT USD 67.33/BBL
Verisk (VRSK) says estimates insured losses for winter storm Fern could reach USD 4bln
US House approves funds to end government shutdown; sends to US President Trump for signing into law
Visa (V) launches USD 3bln four-part offering across 3-10yr maturities
Goldman Sachs revises 2026 nickel price forecast to USD 17.2k/T (prev. USD 14.8k/T)
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However, the ongoing political dynamics surrounding President Trump's signing may introduce lingering uncertainties, especially if any last-minute complications arise. Overall, this development is likely to be seen as a positive for markets in the near term.
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