Goldman Sachs: Assuming the US government shutdown ends this week, the October employment report is expected to be released early next week.
Jinse Finance reported that Goldman Sachs economists Elsie Peng and Ronnie Walker stated in a report: "The U.S. federal government shutdown has delayed the release of almost all federal economic data for September and October. Although the government shutdown appears to be coming to an end, statistical agencies will need time to process the backlog of data." Goldman Sachs expects that, assuming the U.S. government reopens before the end of this week, the U.S. Bureau of Labor Statistics will release the latest October employment data early next week (Tuesday or Wednesday), but aside from that, the release of other major data is expected to be delayed. Goldman Sachs noted that this means the November employment report and inflation report may be "delayed by at least a week."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar: Modestly bearish path under gridlock – TD Securities
AI-RAN technology commercialization accelerates and UK defense cooperation deepens! Nokia (NOK.US) shares rise in pre-market trading
Finnish network equipment manufacturer Nokia has announced a significant acceleration in the global commercialization of its AI-RAN (Artificial Intelligence Radio Access Network) technology, alongside new advancements in its UK defense business.

New Found Gold Reaches Commercial Production at Hammerdown Gold Mine
