Market Focus Shifts Amid U.S. Government Shutdown and Economic Indicators

According to PANews, market risk appetite has significantly cooled over the past week due to the ongoing U.S. government shutdown, a cooling labor market as indicated by private sector employment reports, and emerging cracks in the AI valuation bubble. In the coming week, attention will remain on developments related to the U.S. government shutdown and the potential for further interest rate cuts by the Federal Reserve. The continued government closure may result in delays in the release of more economic data. Key events to watch in the upcoming week include: On Wednesday at 22:20 UTC+8, FOMC permanent voting member and New York Fed President Williams will deliver a speech. At 23:00 UTC+8 on the same day, 2026 FOMC voting member and Philadelphia Fed President Paulson will speak on financial technology. On Thursday at 1:15 UTC+8, 2027 FOMC voting member and Atlanta Fed President Bostic will give a speech. The release of the U.S. October unadjusted CPI and core CPI annual rates, seasonally adjusted CPI and core CPI monthly rates, and initial jobless claims for the week ending November 8 is pending. On Friday at 1:15 UTC+8, 2025 FOMC voting member and St. Louis Fed President Mussa will discuss monetary policy. At 1:20 UTC+8, 2026 FOMC voting member and Cleveland Fed President Hammack will participate in a fireside chat. Later on Friday at 22:20 UTC+8, 2027 FOMC voting member and Atlanta Fed President Bostic will speak again. Finally, at 23:05 UTC+8, 2025 FOMC voting member and Kansas City Fed President Schmid will address economic outlook and monetary policy.