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Asia-Pacific markets set to track Wall Street declines as Trump tariffs dent sentiment
Tuesday, 4 March 2025 07:11 WIB | ASIA |Bursa Asia

Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned.

Japan's benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 37,345 while its counterpart in Osaka last traded at 37,300, against the index's last close of 37,785.47.

Japan's employment rate for January came in at 2.5%, slightly higher than Reuters' estimates of 2.4%.

Futures for Hong Kong's Hang Seng index stood at 22,910 pointing to a weaker open compared to the HSI's close of 23,006.27.

Investors will be keeping a watch on Chinese stocks ahead of the country's annual parliamentary gathering, known as the "Two Sessions," which will kick off later in the day.

Australia's S&P/ASX 200 started the day 0.92% lower.

South Korea's retail sales for January fell 0.6% from the previous month.

Source: CNBC

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