Markets News

US consumer confidence hits three-year low, US government shutdown may end?

US consumer confidence hits three-year low, US government shutdown may end?

· Multiple sources revealed that several U.S. Senate Democratic lawmakers stated last Sunday that they are ready to advance a package of bills to end the government shutdown. This news is bullish for the U.S. dollar. · The University of Michigan Consumer Sentiment Index for November recorded 50.3, falling to its lowest level since June 2022. The preliminary current conditions index recorded 52.3, a record low. This news is negative for the US dollar and US stocks. · JPMorgan invests in Ethereum reserve leader Bitmine with a holding value of $102 million. This news is bullish for Ethereum.

Harvey
2025-11-10 08:47:07
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