TD Securities: The US House of Representatives is expected to vote on Wednesday, and the government is likely to end the shutdown on Friday.

ChainCatcher News, Prashant Newnaha, Senior Asia-Pacific Rates Strategist at TD Securities, stated that they expect the next step will be a vote by the US House of Representatives on a temporary funding bill on Wednesday local time, and the US government is likely to reopen this Friday.

The US government shutdown has undoubtedly had a negative impact on the economy, but the market is likely to expect a rapid rebound in the economy once the shutdown ends. Aside from short-term positive sentiment, the direct market impact of the end of the US shutdown should become limited after early next week.