Overview
- A bill to restore federal funding cleared an initial Senate hurdle, advancing efforts to end the longest U.S. government shutdown on record.
- House Speaker Mike Johnson said the chamber could vote as soon as Wednesday and send the measure to President Donald Trump if the Senate moves quickly.
- The yen hovered near nine-month lows around the 154 per dollar area as risk-sensitive currencies such as the Australian dollar and sterling outperformed in recent sessions.
- Treasury yields edged higher and equity futures firmed as traders priced a reopening that would restart delayed U.S. data releases, beginning with the September employment report that will inform the Fed’s December decision.
- Analysts warned that reopening by about November 15 is largely priced, and any delay could reverse recent FX and equity gains, even as BOJ minutes pointed to growing support for a near-term rate hike.