Stocks in Asia set to slip; BOJ chief flags trade risks

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Stocks in Asia were set to see opening declines following comments from the Bank of Japan chief on the risks of increasing trade protectionism for the global economic growth outlook.

div > div.group > p:first-child"> Futures pointed to a lower open for the Nikkei 225 in Japan. The Nikkei futures contract in Chicago was at 22,155, as compared to the benchmark index's last close at 22,169.11

Bank of Japan Governor Haruhiko Kuroda said"some sort of protectionism" around global trade was the"most serious risk involved in the global economy," in an interview with CNBC that aired on Monday. Overnight on Wall Street, the Dow Jones Industrial Average shed 27.53 points to close at 26,384.77, while the S&P 500 slipped 0.1 percent to finish its trading day stateside at 2,905.58. The Nasdaq Composite closed 0.1 percent lower at 7,976.01.

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