Finance
Morning Bid: US Congress poised to get back to work
Published by Global Banking & Finance Review®
Posted on November 12, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 12, 2025
2 min readLast updated: January 21, 2026
US Congress is poised to end the government shutdown, potentially restoring federal workers' pay and resuming economic data releases, impacting global markets.
A look at the day ahead in European and global markets from Gregor Stuart Hunter
The U.S. government is on the brink of reopening, potentially restoring pay to unpaid federal workers and ending a drought of economic data that has left the Federal Reserve flying virtually blind for more than a month.
Members of Congress jumping on the opportunity for free publicity could be the latest sign of a return to normalcy. With thousands of delayed and cancelled flights because of the shutdown, some Congressmen have carpooled with colleagues or taken a 16-hour Harley Davidson ride across the country as they return to Washington D.C. to reopen the government.
The Republican-controlled House is due to vote later today on a compromise that would restore funding to government agencies and end a shutdown that started on October 1 and is now the longest in U.S. history.
Optimism around the looming end to the shutdown drove stocks higher, and pushed the dollar away from its lowest levels for the month.
U.S. S&P 500 e-mini futures were slightly higher ahead of the vote, after a third consecutive day of gains for the benchmark on Tuesday, while MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3%.
In Tokyo, the Topix surged 1% to a fresh record. That's despite a fall of as much as 10% for SoftBank Group, taking its month-to-date loss to as much as 25% after it said it had sold its entire stake in Nvidia on Tuesday. Even so, shares in Japan's biggest tech sector investor have more than doubled this year.
Still, it's not all bad news from the AI patch. Advanced Micro Devices shares jumped 4.8% in after-hours trading, buoyed by its expectations to post $100 billion of annual data center chip revenue within the next five years, and more than triple its earnings.
In early European trading, pan-region futures were up 0.3%, German DAX futures advanced 0.4%, and FTSE futures were flat.
Key developments that could influence markets on Wednesday:
Earnings:
-Infineon Technologies, Experian PLC, SSE PLC
Economic data:
-Germany: CPI for October
Debt auctions:
-Germany: 21-year and 31-year government debt
(Reporting by Gregor Stuart HunterEditing by Shri Navaratnam)
Debt instruments are financial assets that represent a loan made by an investor to a borrower, typically including bonds and notes.
Economic growth refers to the increase in the production of goods and services in an economy over a specific period, often measured by GDP.
Financial markets are platforms where buyers and sellers engage in the trade of financial assets, including stocks, bonds, and derivatives.
Central banking is the institution responsible for managing a country's currency, money supply, and interest rates, often overseeing the banking system.
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