The US government entered a shutdown on Wednesday, sparking conversation across global markets as investors weighed the potential impact on the wider economy.

Although government shutdowns typically have a negligible impact on capital markets, the timing of this one is significant.

US jobs data due to be published on Friday will be delayed by the move — clouding the outlook for the Federal Reserve just weeks ahead of its next meeting. President Donald Trump has also threatened to use the shutdown to enact “a lot” of job cuts in the public sector.

With no clear path toward a deal, it’s also unclear how long the impasse will keep federal offices closed. During Trump’s first term in office, a partial shutdown took hold — the longest in history.

US risk assets were shaky on Wednesday. Gold

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