US House Speaker Johnson says he's not confident that a government shutdown will be avoided
Newsquawk Staff ·
US House Speaker Johnson says he's not confident that a government shutdown will be avoided.
What it means
Speaker Johnson's remarks indicate rising uncertainty regarding a potential government shutdown, which could prompt market volatility as investors assess the implications for fiscal policy and economic stability. This situation may impact risk sentiment, pushing investors towards safe-haven assets like gold or Treasuries, particularly during the Asian session where trading could be influenced by heightened nervousness.
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