In a dramatic step forward over the weekend, Washington saw last ditch moves to prevent a US government shutdown with Democrats overwhelmingly backing an eleventh-hour Republican measure to keep federal funding going for 45 days.

The against-the odds deal to avert a shutdown is now soothing nerves across Wall Street, after a turbulent week of interest-rate spurred market disruptions. 

But it looks like market stress is rising over a wild week ahead even without a shutdown. 

Are we in a so-called gloom loop? 

On Money in the Market, Hongbin Jeong speaks to Thilan Wickramasinghe, Head of Equity Research, Maybank Securities to find out how markets are faring to start the new week and what risks still remain ahead.