Market downturn drives investors to U.S. Treasury bonds and gold, while attention shifts to the impact of the ongoing U.S. government shutdown and Federal Reserve rate cuts.
Cryptocurrency and stock markets faced significant declines this week, prompting investors to buy U.S. Treasury bonds and gold. As the U.S. government shutdown continues, attention will focus on the Federal Reserve’s next steps, including upcoming speeches and the release of the Beige Book. A prolonged shutdown could delay critical economic data, adding uncertainty to market sentiment.