Asia markets set to trade cautiously amid fresh uncertainties over Brexit

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Asia markets set to trade cautiously amid fresh uncertainties over Brexit
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U.K. Prime Minister Boris Johnson was thwarted by a cross-party group of politicians in Parliament who voted to postpone the 'meaningful vote' on his new Brexit deal.

Asia Pacific markets looked set to trade cautiously on Monday as Brexit developments over the weekend created further uncertainty over the United Kingdom's impending departure from the European Union.

Nikkei futures pointed to a flat open in Japan. Australia's ASX 200 dipped 0.34% in early trade, with most sectors declining. U.K. Prime Minister Boris Johnson was thwarted by a cross-party group of politicians in Parliament who voted to postpone the "meaningful vote" on his new Brexit deal. That forced Johnson to ask Brussels for an extension to the current October 31 departure deadline, but EU leaders don't necessarily have to accept it.

A pedestrian walks past an electronic stock board displaying a graph of the exchange rate of the yen against the U.S. dollar at a securities firm in Tokyo, Japan, on Thursday, Aug. 30, 2018.Asia Pacific markets looked set to trade cautiously on Monday as Brexit developments over the weekend created further uncertainty over the United Kingdom's impending departure from the European Union.

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