Mitsubishi UFJ: End of US government shutdown will boost investor sentiment

ChainCatcher News, according to Golden Ten Data, Lloyd Chan, Senior Currency Analyst at Mitsubishi UFJ Singapore Branch, stated that an agreement to end the government shutdown could trigger a significant market reaction, mainly by reducing data uncertainty and boosting investor sentiment. The recent rebound in the US stock market appears to be driven by both a technical recovery and market optimism that the government shutdown is about to end.