American officials have stated that an agreement to avoid a governmental shutdown is close.
Editor’s Remarks: Mick Mulvaney, the White House budget director, and Chuck Schumer, a Democratic senator, both stated yesterday than an agreement was close. However, the issue of funding for the wall between Mexico and the US speculated at around $1.5bn to start with, is still holding up proceedings. The week is set to be a turbulent one with Wednesday providing Trump’s tax reform plan and Friday the deadline for the deal to be agreed. However, this week will also potentially see the start of Trump’s plan to kickstart infrastructure projects, with rumours that he will sign executive orders targeting the energy industry on Friday.
What to watch: Donald Trump, Trump’s First 100 Days, EUR/USD, GBP/USD