(Reuters) -A look at the day ahead in European and global markets from Wayne Cole.

Treasury yields and the dollar are down and most stocks a shade higher in Asia as investors wait to see if last gasp talks will prevent the U.S. government shutting from Wednesday.

Expectations don’t seem high for a deal when President Trump meets with the top Democratic and Republican leaders in Congress later on Monday, with both sides seeing political capital in letting the government close.

Analysts at BofA estimate a closure would cost 0.1% of GDP per week, but would be made up when it re-opens. Historically, such shutdowns have had little impact on financial markets, perhaps because investors assume public pressure will ultimately force a deal.

The timing is awkward for markets given that a closure

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