Speaker Johnson says he is less optimistic about the government shutdown ending

💡 DMK Insight

Market sentiment is shaky right now, and political comments are adding to the noise. While some Republican Senators are hinting at optimism for a deal by the weekend, traders should remain cautious. Political rhetoric often shifts quickly, and relying on it can lead to poor trading decisions. Look at the broader context: if a deal does come through, we could see a short-term rally in risk assets, but if it falls apart, expect volatility to spike. This uncertainty could affect correlated markets, particularly in equities and commodities, where sentiment can shift rapidly based on news. Watch for key technical levels in major indices; a break below recent support could trigger further selling pressure. Here’s the flip side: if traders start to dismiss these political comments as noise, they might miss out on potential opportunities. Keeping an eye on sentiment indicators and volume can provide insights into whether the market is overreacting. For now, monitor the weekend developments closely—any concrete news could set the tone for next week’s trading.