According to Prashant Newnaha, Senior Interest Rates Strategist for Asia Pacific at TD Securities, the next step is expected to be a vote in the U.S. House of Representatives on Wednesday (regarding the temporary funding bill), with the U.S. government likely to reopen this Friday.

The US government shutdown has undoubtedly had a negative impact on the economy, but the market is likely to expect a rapid rebound after the shutdown ends. Aside from short-term positive sentiment, the direct market impact of the shutdown's end should become limited after the beginning of next week. (Jinshi)