Asian share markets experienced an uptick on Monday, with the dollar slipping as investors prepared for a potential U.S. government shutdown. This situation could delay the release of the September payrolls report, along with other crucial data. President Donald Trump is scheduled to meet top Democratic and Republican leaders in Congress to discuss extending government funding.

If a funding deal is not reached, the shutdown will start Wednesday, coinciding with new U.S. tariffs on heavy trucks and pharmaceuticals. Analysts from Bank of America noted that a prolonged shutdown might compel the Federal Reserve to depend on private data for its economic decisions when it meets on October 29, slightly reducing the likelihood of an October rate cut.

Meanwhile, equity markets could benefit from

See Full Page