Government shutdown

Dollar rallies as US shutdown drags on, weighing on confidence

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Dollar rallies as US shutdown drags on, weighing on confidence

The U.S. dollar rose to its strongest levels in six weeks in early Asian trading on Wednesday as risks around the U.S. government shutdown intensified, sparking fresh investor worries and boosting demand for safe haven assets. The dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.50% to 98.616, its … Read more

Geoff Dennis sees limited long-term impact from US government shutdown

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Geoff Dennis sees limited long-term impact from US government shutdown

As the United States nears a government shutdown, investors are evaluating its potential impact on the US and global markets. The shutdown, expected within hours, could affect data releases and market sentiment, particularly for emerging markets and commodities like gold. Geoff Dennis, Independent EM Commentator told ET Now, “It depends on how long the shutdown … Read more