Asia-Pacific markets set for subdued open as Trump-EU tensions keep investors jittery

4 days ago 15

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Asia-Pacific markets were acceptable to unfastened mixed arsenic investors measurement renewed U.S. tariff threats tied to Greenland that person stoked concerns of a increasing rift betwixt Washington and European nations.

European states are reportedly discussing counter-tariffs and broader punitive economical measures successful effect to caller tariff threats from President Donald Trump, further straining relations implicit Greenland.

Trump connected Saturday announced that exports from 8 European nations would commencement astatine 10% connected Feb. 1 and ascent to 25% by June 1 if talks neglect to unafraid U.S. power of Greenland, a mineral-rich territory, semi-autonomous land nether Denmark.

Hong Kong's Hang Seng scale futures were astatine 26,640, higher than the HSI's past adjacent of 26,563.9.

Investors are intimately watching Japanese markets aft Prime Minister Sanae Takaichi said connected Monday that she plans to dissolve parliament and telephone a drawback predetermination connected Feb. 8.

Japan's Nikkei 225 futures pointed to a stronger unfastened for the market, with the futures declaration successful Chicago astatine 53,610 compared to the erstwhile adjacent of 53,583.57.

Australia's S&P/ASX 200 started the time marginally down.

U.S. banal futures pointed to a downbeat league connected Wall Street arsenic Trump intensifies his rhetoric connected Greenland.

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