Global financial markets are moving cautiously following growing concerns about the United States' fiscal policy, which is considered too expansionary. The surge in the budget deficit and rising US government bond yields have led market participants to assess the risks of debt financing as increasing. Investors are beginning to weigh whether this fiscal pressure will limit the Fed's room to cut interest rates more aggressively next year.

The US dollar remains strong, while gold prices tend to strengthen slightly due to increased demand for safe-haven assets amid policy uncertainty. Meanwhile, US stock markets are moving mixed—some investors are concerned that excessive fiscal stimulus could actually undermine long-term stability. The market is now awaiting clarity on the direction of Washington's budget policy in the coming weeks before taking a more aggressive stance.

Source: Newsmaker.id