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U.S. data backlog a boon for computer-driven trading
Some financial traders stand to profit from the end of the U.S. government shutdown as a backlog of economic data to be released in the coming week churns market price volatility to the benefit of their computer-driven models. With the issue of about a dozen potentially market-moving indicators postponed during the 16-day closure of federal offices, the rush of overdue numbers may help offset a drop in trading volumes during the shutdown, which ended on Thursday. However, the week's opportunities are likely to be limited by caution ahead of year-end accounts and, longer term, many think the political wrangling in ... (full story)