US equity futures are firmer with S&P up 0.25%. Asia equities trading mixed, European equity markets are lower. US 10-year yield add 2 bps at 4.14%. Dollar seeing decent gains versus Japanese yen, firmer versus euro and sterling. Softer versus Aussie. Oil gains. Gold at new high. Bitcoin also logged new record high. No real movement toward an end to the shutdown, though latest updates have focused on political implications that could ultimately offer path to resolution. A recent media report said the White House is increasingly concerned that allowing ACA healthcare subsidies to expire will become a political vulnerability for Republicans, worry GOP will take blame for allowing healthcare costs to jump ahead of next year's midterms. Potential for mass firings of federal workers remains a key market overhang given potential for economic implications beyond shutdown period.
Companies Mentioned: Firefly Aerospace Inc, Critical Metals, Brookfield Asset Management