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US futures sank, the dollar slipped, and world shares were mixed after a US government shutdown began on Wednesday.

The partial closure of the federal government is feared to have economic implications if it lasts, and Washington is bracing for what could be a prolonged deadlock. This comes after lawmakers missed the deadline to agree on funding for the government.

Equity markets in Europe were volatile in the morning on Wednesday, as investors reacted to the news from across the Atlantic. Major European stock indexes started trading mostly in negative territory, but the picture fundamentally changed by midday.

"The US government shutdown has left investors wondering what might happen next, with a minor pullback on European equity markets and weaker futures prices for Wall Street,” said Russ Mould, investment dire

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