Market focus at the opening of the week was directed at the Japanese market when the surprise of unusual movements for the Yen currency in addition to the country's stock trading was also affected.
Sanae Takaichi won the election of the leader of the Liberal Democratic Party (LDP) of Japan, making her the leading candidate to become the first female Prime Minister of Japan.
Due to her profile, which is seen as 'dovish', which supports aggressive government spending to stimulate the economy, the yen currency experienced a significant decline.
Analysts also predicted that the Bank of Japan (BOJ) is also likely to postpone plans to continue tightening monetary policy measures.
Meanwhile, the situation in the United States (US) is still seen as deadlocked after the government shutdown has entered its second week.
The White House has warned of mass layoffs of federal workers if no agreement is reached in Congress to finance the government.
The 60 majority vote still failed to be achieved as both Democrats and Republicans who did not agree on a spending package due to several demands from Democrats that were blocked.
The US dollar traded weak in the New York session yesterday as uncertainty continued to engulf the market at the start of the week.
Investors will expect volatile price movements following the lack of key economic data releases until Wednesday.
At the end of the week, investors will await the release of the delayed jobs report last week.
