traders are cautiously waiting for the initial jobless claims data on Thursday and the PCE inflation data on Friday, while closely monitoring the tricky developments that could trigger a government shutdown in the United States. President Trump canceled key talks with Senate Minority Leader Schumer and House Minority Leader Jeffries, which were expected to avoid a government shutdown before the deadline on September 30. Deutsche Bank analyst Jim Reid pointed out in a report to clients on Wednesday morning: "The canceled talks have sparked new concerns, funds may run out by next week's deadline, and we may see the first government shutdown since the winter of 2018-19."