TechFlow, Sept. 24 — According to Jinshi Data, traders are cautiously awaiting Thursday's initial jobless claims data and Friday's PCE inflation figures, while closely monitoring the difficult progress that could trigger a U.S. government shutdown.
U.S. President Trump has canceled a key meeting with Senate Minority Leader Schumer and House Minority Leader Jeffries, which had been seen as a potential avenue to avoid a government shutdown before the September 30 deadline.
Deutsche Bank analyst Jim Reid said in a report to clients on Wednesday morning: "The cancellation of talks has sparked renewed concerns that funding may run out by next week's deadline, and we could see the first government shutdown since the winter of 2018–2019."
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