Stock markets take off

The futures for US indicators have decreased, with the deadline to avoid the government’s closure in the United States, which could threaten to delay the issuing of decisive economic data for interest in the Federal Reserve, while Gold continued to record a new record for the second day in a row. The S&P 500 indices (S&P 500) and Nasdac 100%fell 0.4%, after the failure of a temporary financing account to close. As for the dollar, it settled three days after the losses, while the price of gold exceeded $ 3875 per ounce. Asian stocks have dropped at a similar rate, amid the closure of the markets in China and Hong Kong on the occasion of an official holiday. In terms of US Treasury effects, they remained almost stable, with the stability of the effects for ten years at 4.15%. An emerging paralysis in Washington, the US government, began the closing currency after a dispute between Democrats in Congress and President Donald Trump over the spending on health care. Trump increased the rate of escalation by saying that his administration could be permanent in the event of a closure. Also read: What happens when the US government is closed? Investors are currently focusing on the effects of this closure, which can delay the issuance of important economic reports on which the Federal Reserve depends on determining the direction of interest rates. Although most of the previous closures ended with agreements at the last minute, the US bureaucratic disorder in those periods was sufficient to push Wall Street to reconsider the potential impact on the markets. “Things can become difficult if the closure causes an information gap on jobs and inflation data before the next federal meeting,” said FBB Capital Partners investment manager Michael Billy. He added: “Since the stock assessments reach the levels near the peak, minor negative news can become a big correction in the short term.” Work data is threatened with postponement, and traders fear that the closure will postpone the issuance of the non -agricultural post report scheduled on Friday from the Labor Statistics Office. The recent data has shown that the US job market is delaying, while inflation rates remain without full control, but are still higher than the federal target at 2%. “If the data is not released, especially the work or inflation report, it will become a real danger … The market has not yet priced this scenario.” Previous experiences show that investors tend to Japan and the euro as safe alternatives for the US dollar during the periods of political paralysis in Washington, according to Tatiana Dari of “Bloomberg Markets Live”. Sarah Bianki, an analyst at “ISI”, believes that the current closure can end quickly if a sufficient number of Democrats approve a temporary financing law that allows to continue negotiating health care. She added: “We believe that the closure is short to two weeks,” noted that there are no major economic implications, as long as the closing period does not exceed a few weeks, as happened before. Federal statements also receive mixed signals from the Federal Reserve officials; The head of the ‘Federal in Chicago’, Austan Golsby, said that the last customs duties could force companies to postpone their investment decisions. Lori Logan, head of the ‘Federal in Dallas’, asked her side to give caution when considering an additional reduction in interest rates, and noted that inflation is still above the target, while the labor market remains relatively balanced.