Asia shares slip on U.S. tax uncertainty, sterling falls on doubts over May

TOKYO (Reuters) – Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Republicans can hammer out a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership.

Passersby walk past an electronic board showing market indices outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato

European shares are expected to be largely unchanged. Spread betters expect France’s CAC .FCHI and Germany’s DAX .GDAXI to open almost flat, while Britain’s FTSE .FTSE is seen

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