The September 30 deadline is about to pass, but the US Congress still cannot agree on the Government budget for next year.
However, those who are risk-averse have also expressed anger at the risk of a US Government shutdown.
The USD Index also decreased by 0.3% compared to other major currencies in the world on September 27.
US stocks may fall up to 7% because of the US Government shutdown.
Evan Lucas, market strategist at IG, said investors would react very strongly in global financial markets if the US Government really had to shut down.
Lucas said the US stock market would be hardest hit.
According to him, the size of the adjustment will depend on the length of time the Government is closed.
Some other analysts said investors will see the closing event as a last-minute opportunity to buy.
Bennett advises investors to buy stocks of oil and resources companies, Australian stocks and Australian dollars.
Meanwhile, Mitul Kotecha – CEO at Crédit Agricole believes that the USD will weaken much after the above event.
Steve Goldman – CEO of Kapstream Capital said that if Congress continues to debate the budget, interest rates on US Government bonds will continue to decrease.