TechFlow, November 10 — Prashant Newnaha, Senior Strategist for Asia-Pacific Rates at TD Securities, said we expect the next step to be the U.S. House voting on the temporary funding bill on Wednesday local time, with the U.S. government likely to reopen this Friday. The shutdown has undoubtedly had a negative impact on the economy, but markets likely anticipate a swift economic rebound once the shutdown ends. Aside from short-term positive sentiment, the direct market impact of the shutdown ending should become limited after early next week. (Jinshi)
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