Deutsche Bank: The U.S. government may face its first shutdown since the winter of 2018-2019
ChainCatcher news, according to Jinshi reports, traders are cautiously awaiting Thursday's initial jobless claims data and Friday's PCE inflation data, while closely monitoring the tricky developments that could trigger a U.S. government shutdown.
U.S. President Trump canceled a crucial meeting with Senate Minority Leader Schumer and House Minority Leader Jeffries, which was originally expected to help avoid a government shutdown before the September 30 deadline.
Deutsche Bank analyst Jim Reid noted in a report to clients on Wednesday morning: "The cancellation of the talks has raised a new round of concerns that funds may run out before next week's deadline, and we could see the first government shutdown since the winter of 2018-2019."
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