Market Shrugged Off US Government Shutdown. BOJ and ECB Under Spotlight

The US government has shut down as the Senate failed to secure 60 votes to pass to a bill last Friday to keep it going. Yet, the impacts on the stock markets and US dollar have been rather muted for now. Concerning the oil market, the Paris-based International Energy Agency (IEA) suggested that global oil stocks had tightened. Yet, it remained cautious as higher US production could disturb the work of rebalancing.

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Market Shrugged Off US Government Shutdown. BOJ and ECB Under Spotlight