Anna Edwards, Valerie Tytel, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Breakdown
- Analysts see the government shutdown as a factor likely to weaken the U.S. dollar. 5s
- The shutdown is not expected to cause major economic disruption unless it lasts longer than anticipated. 22s
- Disruption in economic data releases may lead to short-term market volatility and overreliance on alternative data like ADP. 1m 29s
- Bond yields may drift slightly lower due to short-term Treasury buying, but significant declines are not expected. 2m 36s
- Overall, underlying market trends are likely to continue unless the shutdown is prolonged. 2m 19s