Mitsubishi UFJ: The end of the U.S. government shutdown will boost investor sentiment

According to Jin10, Lloyd Chan, a senior currency analyst at Mitsubishi UFJ's Singapore branch, stated that the agreement to end the government shutdown could trigger a significant market reaction, primarily reflected in reduced data uncertainty and boosted investor sentiment. The recent rebound in the U.S. stock market appears to be driven by a technical recovery and market optimism regarding the imminent end of the government shutdown.