US shutdown impacts showing
• Intra-day swings. More headline driven gyrations on Friday. US equities swung around. USD index a bit softer. NZD on backfoot. AUD a little higher.• US shutdown. Current US gov. shutdown longest in history. Macro impacts starting to show. Pressure on lawmakers to reach a deal is growing.• Event Radar. In Australia the monthly jobs report is due (Thurs). The China data batch is out (Fri). Several US Fed members also set to speak this week. Global Trends Intra-session market gyrations continued at the end of last week with US Government Shutdown newsflow in the driver’s seat. Thanks to a...