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Thursday 24, August 2017 by Jessica Combes

What does a government shutdown mean for the US markets?

 

After stocks and the dollar surged on Tuesday, following a Politico report that Trump’s team have taken a significant step on tax reforms, the President’s threats on Tuesday night to shut down the government and terminate the NAFTA agreement, were not well received by investors, who responded by dragging both equities and the dollar lower, writes Hussein Sayed, Chief Market Strategist at FXTM.