Flash: Shock of shutdown fading – BTMU

FXstreet.com (London) – Lee Hardman, economist at The Bank of Tokyo-Mitsubishi UFJ noted the latest economic data releases from the US yesterday highlighted that the negative shock from the government shutdown and debt ceiling uncertainty has faded.

Key Quotes:

“Initial jobless claims fell further in the latest week and are almost back at the level from late September prior to the disruption created by the government shutdown”.

“The report appears consistent …read more