Stocks in Asia set to open tepid amid trade and geopolitical concerns

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Shares in Asia were set to trade cautiously at the open on Thursday amid a spate of geopolitical concerns ranging from U.S.-China trade to escalating tension between India and Pakistan.

Markets in Asia were set to trade cautiously at the open on Thursday amid a spate of geopolitical concerns ranging from U.S.-China trade to escalating tension between India and Pakistan. Meanwhile, U.S. President Donald Trump and North Korean leader Kim Jong Un are set to continue the second day of their summit in Vietnam on Thursday.

Stocks stateside touched their lows in the Wednesday session as U.S. Trade Representative Robert Lighthizer hinted that a trade deal was not yet certain, saying that any agreement would need to be more than just purchases by China. On the geopolitical front, investors watched for developments amid the ongoing escalation in tensions between India and Pakistan, with both sides announcing that they had carried out airstrikes against the other.

 

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