On Tuesday, Asia-Pacific markets are poised for a higher opening, following the upward movement in U.S. markets, particularly in sectors related to artificial intelligence. Specifically, Hong Kong's Hang Seng index futures are at 25,118, up from the previous close of 25,042.71, while Australia's S & P/ASX 200 futures are at 8,809, compared to a close of 8,731.90.
Notably, Japan's markets are closed for a public holiday. Additionally, oil prices experienced a decline on Monday after President Donald Trump opted against military action in Yemen and expressed a willingness to engage in diplomatic discussions with Iran.
Traders are also closely monitoring the upcoming meeting between President Trump and Chinese leader Xi Jinping in Washington, where they are expected to address their ongoing trade truce, which remains fragile. These developments are significant as they may influence market dynamics and investor confidence in the region