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Asian equities are set to open lower on Tuesday after optimism over a potential US-EU tariff accord faded, tempering risk sentiment ahead of a packed calendar of corporate earnings and macroeconomic releases. Futures linked to benchmarks in Tokyo, Hong Kong and Sydney all declined in late-Monday trading, while the S&P/ASX 200, Nikkei 225 and Kospi were each indicated about 0.6% to 1.1% weaker at the start of cash trading. The softer tone in regional markets follows a mixed U.S. session and comes as the dollar steadied after recording its biggest one-day advance since May. Investors are positioning for a series of earnings reports and economic data later in the week that could clarify the outlook for global growth and interest-rate policy.
Negative start to Asia-Pac trade following the mixed performance seen in global peers as participants digested recent trade developments and as several risk events approach: ASX 200 (-0.6%), Nikkei 225 (-0.6%), KOSPI (-1.1%)
Asian stocks are poised for a weak open Tuesday as optimism over the US-EU tariff deal fades. Futures in Tokyo, Hong Kong, and Sydney declined, while the dollar steadied following its largest gain since May, ahead of a busy week of earnings and macroeconomic data.
Asian Markets Anticipate Weak Opening On Tuesday As Hopes For US-EU Tariff Agreement Diminish, With Investors Preparing For An Active Week Of Earnings And Economic Data. Futures In Tokyo, Hong Kong, And Sydney Decrease, While The Dollar Stabilizes Following Its Largest Rise Since
