US Shutdown Ending Sparks Global Rally: Big Trade News for India?

The US government shutdown is approaching an end, which has renewed investor confidence and led to gains in global markets. Asian stock markets are poised to follow Wall Street's positive performance. Investors are closely watching upcoming economic data releases from Australia (business confidence) and Japan (inflation expectations, current account balance). Notably, US President Donald Trump has suggested a potential reduction in tariffs on Indian goods and indicated that the US is close to finalizing a trade deal with India.

**Impact** This news significantly boosts global market sentiment as the US government shutdown nears an end, potentially averting further economic disruption. Asian stock markets are expected to follow Wall Street's gains, increasing investor appetite for risk. For India, President Trump's remarks on reducing tariffs and nearing a trade deal are highly positive, opening avenues for increased trade and economic cooperation. Upcoming economic data from Australia and Japan will also provide insights into regional growth. Rating: 7/10

**Definitions** * **US Government Shutdown:** A situation where the United States federal government ceases to operate due to a failure of Congress to pass a funding bill. * **Stock Futures:** A contract to buy or sell a stock index at a predetermined price on a specified future date. * **Risk Appetite:** The degree of willingness of investors to take on risk in their investment portfolios. * **Business Confidence:** A measure of how optimistic or pessimistic businesses are about the overall economic situation. * **Inflation Expectations:** The rate at which people expect prices to rise in the future. * **Current Account Balance:** A measure of a country's trade, income, and direct payments, representing the sum of its balance of trade, net income from abroad, and net current transfers. * **Tariff:** A tax imposed by a government on imported goods or services.