US House passes package of FY26 funding bills in a major step towards averting government shutdown on Jan 31st; sending to Senate for final votes
The passage of the FY26 funding bills by the US House is a significant move towards preventing a government shutdown, now awaiting Senate approval.
Australian S&P Global Services PMI Flash (Jan) 56.0 (Prev. 51.1)
Australian S&P Global Manufacturing PMI Flash (Jan) 52.4 (Prev. 51.6)
US House passes package of FY26 funding bills in a major step towards averting government shutdown on Jan 31st; sending to Senate for final votes
US President Trump, on Iran, says they have a big force going towards Iran; watching Iran very closely and would rather not see something happen on Iran; will be doing a 25% secondary tariff on Iran
US Government funding package is poised for House approval as voting continues
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This development likely stabilizes investor sentiment as it reduces near-term uncertainty, potentially benefiting equities and consumer confidence ahead of any critical economic data releases or corporate earnings reports.
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