TechFlow, October 1 - According to Jinshi Data, the U.S. Congressional Budget Office estimates that the 35-day government shutdown at the end of 2018 and beginning of 2019 caused approximately $11 billion in economic losses to the United States. Overnight, due to market concerns over the risk of a U.S. federal government shutdown, the dollar weakened and safe-haven asset gold hit a new record high again. On Tuesday local time, the dollar index, which measures the dollar against six major currencies, fell about 0.1%, with a year-to-date decline reaching nearly 10%. A U.S. federal government shutdown could also trigger market concerns over America's credit rating. The three major rating agencies have previously repeatedly warned of U.S. fiscal and budgetary risks.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
