Stocks in Asia set to trade lower; US-Iran tensions continue to linger

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Stocks in Asia Pacific were set to trade lower on Monday morning, while tensions between the U.S. and Iran continued to linger after the latter shot down an American surveillance drone.

Tensions in the Middle East remain after the U.S. and Iran nearly came to blows last week after Tehran claimed it downed an American drone that violated its airspace.

Stocks in Asia Pacific were set to trade lower on Monday morning as tensions between the U.S. and Iran continue to linger after the latterFutures pointed to a lower for Japanese stocks, with the Nikkei futures contract at 21,200, as compared to the benchmarkShares in Australia were also poised to trade lower. The SPI futures contract was at 6,571.0, as compared to the

 

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