Senior Strategist: Political complications in both the US and Italy

The US government will face its first shutdown in nearly 20 years on Monday night unless the White House and Republicans can broker a last-minute deal.

In Italy Prime Minister Enrico Letta plans to hold a confidence vote on Wednesday, to seek the backing of Italy’s parliament. He was forced to make that move after five ministers from Silvio Berlusconi’s party stepped down at the weekend.

Senior Strategist, Ib Fredslund Madsen, predicts a negative week on the financial markets.

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