Markets Rally as U.S. Senate Advances Stopgap to End Record Shutdown

Overview

• Senators voted 60–40 to advance a provisional funding bill that would reopen key agencies through January, with the shutdown at roughly 40–41 days and up to about $953 billion in Treasury resources poised to be unfrozen if it ends.
• Global equities rose and U.S. futures gained as risk appetite improved, with European indexes higher and Treasury yields edging up.
• Brazil’s Ibovespa set a new intraday high near 155,000 points on broad gains in blue chips, reflecting the brighter external tone.
• Brazil’s Boletim Focus kept projections stable at 4.55% IPCA for 2025 and a 15% year‑end Selic, while short‑term DI rates ticked lower.
• Policy signals added cross‑currents: Fed director Stephen Miran urged a December rate cut of 50 bps (25 bps minimum), and the yen weakened near ¥154 per dollar after major banks trimmed forecasts and the BoJ stayed cautious.