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Goldman Sachs: This week's macro data is difficult to be released as scheduled, and the update schedule is expected to be announced next week.
On November 13, the U.S. October unadjusted CPI year-on-year rate, U.S. October adjusted CPI month-on-month rate, and the number of initial unemployment claims for the week ending November 8 were originally scheduled to be released tonight. Although Trump has signed a bill today declaring the end of the U.S. government shutdown, these data are still unlikely to be released on schedule. Goldman Sachs believes that the Bureau of Labor Statistics will release an updated data release schedule early next week. In addition, Goldman Sachs also expects the release of other important data to be delayed. Goldman Sachs stated that once the data freeze period ends, the newly released macroeconomic data is expected to show a slowdown in the labor market, inflation rates still above the Fed's target, and economic growth being positive but not rapid.