USD down, gold at fresh record on US government shutdown | MarketTalk: What’s up today? | Swissquote
About this video
The US government has officially shut down after lawmakers failed to agree on funding — and markets are already reacting. The dollar is under pressure, treasury yields are edging lower and safe haven assets including the yen, the Swiss franc and gold are in demand.
But how much do shutdowns really matter for markets? History shows the S&P 500 often shrugs them off — sometimes even gaining during the deadlock. Still, delayed economic data could complicate the picture, especially with US jobs figures in focus this week.
Meanwhile, ADP is set to release its private payrolls report, offering a crucial clue on the labour market while Friday’s official releases risk being stalled.
Watch the full episode to find out more!
0:00 Intro
0:37 US government shutdown : not that dramatic!
3:37 US jobs data in focus
5:51 Gold at record - and supported by both technicals & fundamentals!
Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.
#USShutdown #USDollar #Gold #TreasuryYields #SP500 #Markets #FederalReserve #Investing #Trading #FinanceNews
#Swissquote #MarketTalk
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