US stocks closed lower on Monday with just hours to go before a midnight deadline to avert a federal government shutdown, but major indexes ended September with solid monthly gains. (Reuters)
Asian shares held steady on Tuesday as investors waited with bated breath for the deadline that could see much of the US Government begin to shut down – and potentially crimp growth in the world’s largest economy. (Reuters)
The dollar was subdued in Asia on Tuesday and vulnerable against safe-haven currencies with Washington still locked in a bitter struggle just hours ahead of a midnight deadline that will see much of the US government begin to shut down.(Reuters)
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The dollar was subdued in Asia on Tuesday. Getty Images[/caption]
Brent crude dipped 0.2 percent to around $108 a barrel after gaining 6 percent in the third quarter, also ending a three-quarter losing streak.(Reuters)
Gold was steady on Tuesday, after posting its best quarter in a year, as the U.S. government was on the brink of shutdown over failure to agree on a spendingbill. Spot gold had risen 0.05 percent to $1,327.55 an ounce by 0012 GMT.(Reuters)
SGX Nifty futures on the Singapore Stock Exchange were up 0.4 percent at 5799, indicating a steady opening for the shares on domestic bourses.
Stocks in news
Auto stocks will be in focus as the companies are expected to release their sales figures for September.
Financial Technologies, after news the economic offences wing is probing the alleged irregularities at the group.
GVK and GMR, after the government allowed both the companies to bid for privatisation of six airports.
Future Lifestyle Fashion, as the company gets listed today.
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