The US government shutdown for ten days: A "Political deadlock" that stirs up global finance
At 1 a.m. local time on October 1st, the US federal government fell into a "shutdown" predicament again after a seven-year hiatus.
moreAt 1 a.m. local time on October 1st, the US federal government fell into a "shutdown" predicament again after a seven-year hiatus.
moreIn September of this year, the Federal Reserve announced a 25 basis point reduction in the target range for the federal funds rate to 4.0% to 4.25%, marking its first restart of a rate cut cycle since December 2024 and signaling a formal shift towards loose global liquidity conditions.
moreThe minutes of the Federal Reserve's September meeting, released on October 8, revealed the internal game dynamics during the transition period of U.S. mo
moreRecently, according to Bloomberg, the international gold price has broken through the historical threshold of $4,000 per ounce, drawing widespread attention from the global financial market.
moreOn September 29th local time, the spot gold price continued to rise, breaking through the $3,780, $3,790, $3,800, $3,810, $3,820 and $3,830 per ounce levels successively.
moreGold prices broke through $3,839.52 per ounce in early trading on Tuesday (September 30), hitting a record high, as concerns over a possible US government shutdown boosted safe-haven demand.
moreRecently, the international gold market has reached a historic moment. After breaking through the $3791/ounce mark, spot gold prices continued to trade around $3780 during trading, with a cumulative increase of over 28% for the year.
moreThe US federal government's funds will run out by midnight on September 30, facing the risk of a "shutdown", which may lead to the delay of the release of the September jobs report and inflation data originally scheduled for October - the Federal Reserve may make crucial decisions in the dark.
moreFannie Mae, the mortgage giant regulated by the Federal Housing Finance Administration (FHFA), recently announced the resignation of several board members, sparking significant market attention.
moreThis week, Wall Street's stock market has continued to decline, marking the longest series of losses in over a month.
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