Asian shares fall as focus shifts to U. S. budget talks
TOKYO (Reuters) – Asian shares ended a seven-day winning streak on Wednesday and commodities eased as investors fretted that a lack of progress in talks on U. S. budget woes risked putting the world’s largest economy into recession, dragging down global growth with it. European shares will likely track Asian peers lower. Financial spreadbetters predicted London’s FTSE 100 , Paris’s CAC-40 and Frankfurt’s DAX will open down as much as 0. 5 percent. A 0. 1 percent drop in U. S. stock futures also hinted at a soft Wall Street open. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0. . . .
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