Asian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly government shutdown.
With a government shutdown averted, investor attention will be turning back to the Federal Reserve and the outlook for rates. Photo: Mandel NGAN / AFP/FileAsian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly
US stocks ended Friday mostly lower as a government shutdown appeared likely after hardline Republicans had tanked an earlier plan to keep the lights on, with the Dow and S&P 500 down 0.5 percent and 0.3 percent, respectively, while the Nasdaq managed a small gain. "Interest rates and Fed hawkishness remain the name of the game and the main driver of the markets over the next few weeks."
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