Global Stock News

How will markets react? – DL News

How will markets react? – DL News

  • Congress is gridlocked over the government’s finances.
  • Donald Trump is about to meet with Democrats.
  • How will crypto react if they can’t make a deal?

“Be reasonable.”

That’s the White House’s message to congressional Democrats ahead of a make-or-break meeting with President Donald Trump over the US government’s finances.

As the Oval Office meeting creeps closer, the spectre of a government shutdown looms ever darker — and crypto traders are bracing for the impact as Democrats and Republicans remain gridlocked over soon-to-expire health insurance subsidies.

“A US federal government shutdown isn’t just politics playing out in Washington,” Kate Leaman, chief market analyst at AvaTrade, told DL News. “It creates…

Source link

Share this article

Scroll to Top