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Caution Reins In Asia As U.S. Shutdown Drags On, Dollar Falls

wochit politics
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October 06, 2013 AT 3:17 PM
By Dominic Lau TOKYO (Reuters) - Asian markets look set for a cautious start to the week on Monday, with U.S. stock futures and the dollar coming under pressure as politicians in Washington showed no signs of making progress over the weekend in resolving the U.S. budget standoff. Democrats and Republicans remained far apart in ending the first government shutdown in 17 years, let alone reaching a deal on the U.S. borrowing limit by Oct 17 to avoid an unprecedented debt default. Republican House Speaker John Boehner vowed on Sunday not to raise the U.S. ...