Daily Market View 13-11-2025
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The US Government Reopened, Paving the Way for a Weaker USD
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The longest Government shutdown on record has been brought to an end as Democrats blinked first in this frustrating tug of war. Trump signed the deal that had passed the House and the Senate, hopefully allowing data to flow quickly.
But as this chapter closes, eyes turn to the next, with most expecting the missing October data to show a continued softening in the jobs market and a robust economy.
This has triggered a modest selloff in USD, but before we actually get our hands on the data, it's all guesswork. Non-government data suggested that US jobs were suffering in October and vacancies also remained low.
When we get the data is the next big question, 3 business days was floated, although, this seems very optimistic considering much data collection did not even get started and it would be strange to ask people how they felt about getting a job, not now, but 4 weeks ago.
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