US: Focus on politics and government shutdown – Danske Bank

Sandeep Kanihama FXStreet Contributor

Analysts at Danske Bank suggest that the U.S. President Donald Trump is attempting to break the budget deadlock by inviting leaders from both parties to make a deal.

Key Quotes

“The government has been in partial shutdown for 11 days as Trump remains adamant about securing funding for his wall, which was a key electoral pledge. The democrats will assume a majority in the House of Representatives and their leader, Nancy Pelosi, deems the wall “immoral”.”

“Trump responded to North Korean leader Kim Jong Un. He tweeted “I also look forward to meeting with Chairman Kim,” in response to threats uttered in a televised speech by the Chairman about North Korea taking “a new path” if economic sanctions are not eased.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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