Global Market Update

Global Market Update

Currently, the U.S. government is in a shutdown. As a result, many federal agencies, including the Bureau of Labor Statistics and other economic offices, are not operating, and no new economic data has been released to the markets.

Analysts suggest that this shutdown could become the longest in U.S. history, with estimates indicating it may last up to 45 days.

However, the Federal Reserve has instructed the relevant agencies to release the Consumer Price Index (CPI) data this Friday.

Forecasts indicate that the annual inflation rate may rise from 2.8% to 3.1%. If the actual figure exceeds 3.1%, the U.S. dollar could strengthen further, as higher inflation may reduce expectations of interest rate cuts.

Overall, the most important event for the markets this week is the release of the U.S. CPI data, while other sectors remain largely in a holding pattern due to the lack of new data.