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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Market View: US Government shutdown lifted - An overhang for markets, for now?
Description: Markets are reacting today as investors digest several key developments. The US government shutdown, which had dragged on for over a month, is now officially over, removing a major source of uncertainty. Meanwhile, traders are reassessing expectations for a potential Federal Reserve rate cut, with inflation and labor market data continuing to influence sentiment. Commodity markets are also moving: gold has gained on safe-haven demand and hopes for lower interest rates, while oil prices are under pressure amid supply concerns and a softer demand outlook. To help us make sense of these shifts and what...