Asia-Pacific markets are expected to open with mixed results as traders await the outcome of the Xi-Trump meeting, which could provide important insights into the future of U.S.-China trade relations. Japan's Nikkei 225 is anticipated to rise after a three-day holiday, with futures indicating a positive shift.
The Chicago futures contract is currently at 66,060, up from the previous close of 65,018.95, while Osaka's futures are at 65,940. In contrast, Hong Kong's Hang Seng index futures are lower at 24,709, compared to the last close of 24,834.12. Australia's S&P/ASX 200 futures are also down at 8,706, following a previous close of 8,765.30.
Additionally, geopolitical tensions are escalating as Iranian President Masoud Pezeshkian accused the U.S. and Israel of causing global instability, asserting that Iran will continue to resist perceived threats. This backdrop of trade uncertainty and geopolitical strife may influence investor sentiment and market performance in the coming days