Please select your home edition
Edition




Collinson FX: Oct 2: US markets brush off Government Shutdown

by Collinson FX 1 Oct 16:32 PDT 2 October 2025
Ino Noir - GBR - AC1 - Admirals' Cup - Day 4 - Inshore Racing - July 24, 2025 © Richard Gladwell - Sail-World.com/nz

Collinson FX - Oct 2: US Govt Shutdown brushed off

The US Government shutdown dominated markets overnight. The Democrats and Republicans could not reach an agreement over the budget, and the Government was forced to shut-down.

This is highly dramatic amongst the media and in Washington, but was brushed off by markets, with equities and bonds steady. This may interfere with the release of the important Non-Farm Payroll number, expected tomorrow.

EU CPI data confirmed inflation is once again on the rise in Europe. This will be of major concern to Central Banks, especially the ECB. The US Dollar was steady, with the EUR trading above 1.1700, while the GBP pushed above 1.3450.

The reserve was steady, with the AUD holding 0.6600, while the NZD held 0.5800. The Bank of Japan released the Tankan Report, which confirmed a solid performance in the Manufacturing sector, while the Central Bank manages inflation problems.

For the latest and recent market commentaries from Collinson & Co see collinsonco.com/news-updates

Catch the new look Collinson FX website at www.collinsonco.com

Disclaimer: The details expressed in the Collinson FX website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site

Collinson Forex offers valuable insights and solutions to boat enthusiasts and industry professionals alike. They offer a range of tailored currency services, designed to support individuals and businesses involved in the marine sector, facilitating seamless international transactions and optimizing financial operations. Founded in 1994, Collinson Forex is a trusted financial partner within the marine community. collinsonco.com/business-forex

Collinson Crowdfunding provides innovative equity crowdfunding services, aiming to connect businesses looking to raise capital with investors who are looking for new opportunities. They do this by offering a website for companies to make share offers and support to streamline the offer process. For investors, Collinson Crowdfunding offers a simple way to invest in exciting businesses. collinsonco.com/crowdfunding

Related Articles

Collinson FX: Sep 11: US Fed rate cuts expected
Chinese CPI inflation was negative. They almost have deflationary problems. A US CPI inflation rate of around 2.9% or less will ensure that a Fed rate cuts is almost a certainty. China's CPI inflation was negative, easing monetary concerns. AUD and NZD both rise slightly. Posted on 11 Sep
Collinson FX: Aug 27: French Govt's woes hit Euro
European markets nosedived, triggered by the potential collapse, of another French Govt The minority Government has put the Budget up for a confidence vote, on September 8th (which is likely to fail), bringing down the Government. This was enough to poison European markets Posted on 26 Aug
Collinson FX: Aug 26: Markets and data call tune
Equity markets took profit, following the big gains booked Friday after Powell admission Equity markets took profit, following the big gains booked Friday, triggered by admissions from Fed Chair Powell that rate cuts were due. Posted on 26 Aug
Collinson FX: August 21: Bearish outlook for NZ
RBNZ cut rates 25 basis points, but the associated commentary was extremely bearish. The RBNZ cut rates 25 basis points, in line with expectations, but the associated commentary was extremely bearish. The RBNZ noted the economy was struggling and that further rates cuts were more than likely required. Posted on 20 Aug
Collinson FX: July 17: Chase for Trade Agreements
These trade dependent nations are desperate to negotiate a deal with the US Trade dependent nations are desperate to negotiate a deal with the US, but are finding it difficult, to even secure a meeting. Posted on 16 Jul
Collinson FX: July 10: "Wait and see"
This is more a ‘wait-and-see policy' than a ‘job-done', as the NZ economy remains on struggle street The RBNZ followed the lead of the RBA and left rates unchanged. This is more a ‘wait-and-see policy' than a ‘job-done', as the NZ economy remains on struggle street. Posted on 10 Jul
Collinson FX: July 1: US Equities hit record high
TheCanadian Government could not hit reverse gear fast enough, on their brand new digital tax The Canadian Government could not hit reverse gear fast enough, on their brand new digital tax, following Trump shutting down trade negotiations. Posted on 30 Jun
Collinson FX: June 27: Confidence builds in US
The US Dollar has been tumbling, as the need for a safe haven dissipates. Focus back on Trade Wars. US equity markets continued to rally as confidence builds. The US Dollar has been tumbling, as the need for a safe haven dissipates, while trade wars come back into focus. Posted on 27 Jun
Collinson FX: June 18: Markets tumble again
Markets tumbled again overnight, with the Israeli war on Iran, totally pre-occupying markets. Markets tumbled again overnight, with the Israeli war on Iran, totally pre-occupying markets. The war rages on, with devastating air attacks launched and received, from both sides. Posted on 18 Jun