* Asian shares adrift as Wall St ends with a whimper
* Dollar slips as Treasury yields drop amid position
* News of US budget deal provides some relief
By Wayne Cole
SYDNEY, Dec 11 (Reuters) - Asian share markets look set for
another indecisive session on Wednesday as investors booked
profits on a range of once-crowded positions, sending the dollar
and Wall Street lower, while lifting the euro, bonds and gold.
News that U.S. budget negotiators had reached a two-year
deal to avoid another government shutdown should be a relief to
markets globally, but perhaps not enough to brighten the
The Dow Jones industrial average lost 0.33 percent,
while the S&P 500 Index dropped 0.32 percent. The
pan-European FTSEurofirst 300 index fell 0.74 percent.
Dealers said many of the moves were due to hedge funds
unwinding what had been popular trades in short yen, short
bonds, short gold, long dollars and long stocks.