US President Trump says working hard with Speaker Johnson to get the current funding deal, which passed in the Senate last week, through the House and to my desk, where I will sign it into law, immediately
President Trump's commitment to passing the funding deal underscores a bipartisan effort to avoid another government shutdown, which could stabilize market sentiment.
US FX WRAP: Dollar extends on Fed Chair Warsh nomination strength; CHF lags amid US risk-on
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 7+ TICKS LOWER AT 111-19
US President Trump says working hard with Speaker Johnson to get the current funding deal, which passed in the Senate last week, through the House and to my desk, where I will sign it into law, immediately
US Treasury says it expects to borrow USD 574bln in Q1 (prev. 578bln, exp. 550bln), sees end cash balance of USD 850bln; to borrow USD 109bln in Q2, sees end cash balance of USD 900bln
CRUDE WRAP: WTI (H6) SETTLES USD 3.07 LOWER AT 62.14/BBL; BRENT (J6) SETTLES USD 3.02 LOWER AT 66.30/BBL
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Full post: I am working hard with Speaker Johnson to get the current funding deal, which passed in the Senate last week, through the House and to my desk, where I will sign it into Law, IMMEDIATELY! We need to get the Government open, and I hope all Republicans and Democrats will join me in supporting this Bill, and send it to my desk WITHOUT DELAY. There can be NO CHANGES at this time. We will work together in good faith to address the issues that have been raised, but we cannot have another long, pointless, and destructive Shutdown that will hurt our Country so badly — One that will not benefit Republicans or Democrats. I hope everyone will vote, YES!
If achieved, it may bolster confidence in fiscal policy among investors, potentially leading to a positive reaction across equities and the USD. The urgency in his message suggests that the administration is keen to mitigate political risks, which could otherwise weigh on market performance.
Related headlines
- US President Trump posts "Great jobs number just announced, breaking all estimates"; renewed calls for sharply lower interest rates and threatened to halt trade with countries running surpluses against the US if rates remain high1 day ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 18 hours ago
- US FX WRAP: Dollar gains on better-than-expected NFP report18 hours ago
- US President Trump says have right to put tariffs on nations like Switzerland; have the right not to trade with financial elite countries19 hours ago
- Wacker Chemie (WCH GY) is reportedly considering closing its US plant after US President Trump's trade policy has driven customers away, according to sources1 day ago
- Newsquawk Daily US Opening News - 4th September 20261 day ago
- Daily US Equity Opening News - AAPL foldable iPhone quality issues; NVDA in talks for USD 2.5bln Thinking Machines investment; MU plans HBM capacity increase; TMUS names CFO-designate, reaffirms guidance; LULU slides on outlook1 day ago
- Newsquawk European Market Wrap - 4th September 20261 day ago
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 1 day ago
- US EQUITY OPEN: US indices in the red following a strong US jobs report1 day ago
- Trump administration drafting post-war Middle East plan, reports Axios20 hours ago
- [MARKET ANALYSIS] G10FX quiet into US Payrolls; JPY underperforms1 day ago
- [MARKET ANALYSIS] European bourses trade on the backfoot ahead of US NFP; VOW3 GY approves Future Plan 20301 day ago
- Newsquawk Weekly Economic Calendar - 6th-11th September 20261 day ago
- EU industry chief ditches proposal to use trade measures to curb aluminium scrap exports; preparing a delegated act to ban exports of waste, including aluminium scrap22 hours ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT1 day ago
- BoE Governor Bailey says Fed Chair Warsh is "right to see some dangers in forward guidance"1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 6 TICKS LOWER AT 107-1518 hours ago
- [MARKET UPDATE] Despite strong US Jobs report, JPY sees strength against all peers; USD/JPY pares initial kneejerk higher and returns to yesterday's 155.22 low1 day ago
- Citi expects the Fed to cut rates by 25bps in June, September and December 2027 (prev. saw cuts in October & December 2026, and January 2027)1 day ago
The whole workspace, free to try.
Try it free