US President Trump says he is determined that homeland security partial shutdown constitutes an emergency situation, via WH Memo

The declaration of a homeland security partial shutdown as an emergency by President Trump may heighten political uncertainty, influencing risk appetite in financial markets. This can lead to volatility in equities and currency markets, particularly for the USD, as investors assess its implications for economic stability and policymaking. The situation could also have spillover effects on commodity prices and yields, depending on how effectively it impacts overall market sentiment.