After the end of the U.S. government shutdown, a large number of "poor quality" data may impact the market.

On November 11, the U.S. government shutdown began to become clear, indicating that Wall Street may soon welcome a large number of key economic reports that have been delayed for more than a month. The first to arrive will be the employment data for September. Morgan Stanley economists estimate that the September employment report could be released as early as this Friday, but more likely at the beginning of next week. Additionally, in the worst-case scenario, the Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) Price Index for October will not be published at all. The PCE index is the Fed's preferred measure of inflation. Another possibility is that the U.S. Bureau of Labor Statistics will attempt to piece together the inflation trend for the month. However, economists say the quality of the reports will be significantly compromised, and the release time may be so late that it is almost meaningless. The delay in the release of the September employment report and the absence of the October inflation report will leave the Fed lacking sufficient decision-making basis when discussing whether to cut interest rates for the third consecutive meeting. (Jin10)