Asia stocks set to trade lower as U.S.-China tensions rise

Stocks in Asia were set to decline at the open as tensions between China and the U.S. rise.

Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 20,535 while its counterpart in Osaka was at 20,480. That compared against theShares in Australia were also set for a negative start to their trading day. The SPI futures contract was at 5,537, as compared to theInvestors will watch for developments from China's National People's Congress, with the first plenary session set to kick off at around 9:00 a.m .HK/SIN.

"The temperature of US China tensions are rising and taking a bite out of risk sentiment everywhere, albeit only modestly so at this stage," Ray Attrill, head of foreign exchange strategy at National Australia Bank, wrote in a note.

Is it makes lower prices the products from China?

seems to be another wagthedog scenario to divert the focus from the US as 1 worst Covid case In the world under Trump.

Is that why Rice University President David Leebron looks like a colorized ghost? LOLOLOL

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Source: CNBC - 🏆 12. / 72 Read more »