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

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Stocks in Asia Pacific were set to trade lower on Monday as tensions between the U.S. and China continue to weigh on investor sentiment.

Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,170 while its counterpart in Osaka was at 23,140.

That compared against theShares in Australia were also set to decline. The SPI futures contract was at 6,026.0, as compared to theOn the economic data front, Japan's second quarter gross domestic product figures are expected at around 7:50 a.m. HK/SIN.

 

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