EUR/USD
1.16391
0.275%
Gold
4210.83
1.658%
Oil
58.059
-0.237%
USD/JPY
151.263
-0.355%
GBP/USD
1.33864
0.503%
GBP/JPY
202.491
0.160%
Real-time News
On October 16, local time, on October 15, the U.S. Senate again failed to advance the Republican temporary appropriations bill with a vote of 51 to 44. It is reported that 60 votes are needed to advance this bill that will provide funding for the government until the end of November.On October 16, according to AXIOS, Vought, director of the U.S. Office of Management and Budget, said on Wednesday that more than 10,000 federal workers could be laid off during the government shutdown. This is more than double the number of layoffs the White House said in court documents last week. In documents submitted to the court last week, the White House said it planned to lay off at least 4,100 federal workers. When asked about this, Vought said: "The number may be higher. I think we may end up with more than 10,000 (layoffs)."Intel (INTC.O) shares rose as much as 5% in late trading.According to a report in the Guardian on October 16th, British Chancellor of the Exchequer Reeves said that tax increases on the UKs wealthy will be part of next months budget, brushing off critics comments and reiterating her determination to repair the public finances. In an interview, Reeves said there will be "no return to austerity" and hinted at higher taxes on the wealthiest. Reeves is expected to announce a package of tax increases on November 26th in response to a downward revision of future growth forecasts by the independent forecaster, the Office for Budget Responsibility (OBR).Hang Seng Index futures closed down 0.19% at 25,848 points in the night session, 63 points below the spot price.
