Markets in Australia and Japan were pegged to open slightly lower while the dollar moved little against a basket of currencies.
Asia markets were set for a cautious start Tuesday morning, following a mixed overnight session in the U. S. that nevertheless saw the Dow Jones industrial average notch a record closing high.
Australia’s SPI futures traded at 5,966, which was a touch lower than the ASX 200’s last close at 5,985.58.
The country’s central bank is expected to announce its monetary policy decision for December at 11:30 a.m. HK/SIN. The Reserve Bank of Australia has kept its cash rate at a historic low of 1.5 percent since August last year.
Nikkei futures in Chicago traded at 22,515 and Osaka futures were at 22,630. Those indicated a lower open for the Japanese benchmark index, which closed the Monday session at 22,707.
« Markets though look to be taking their lead from the likelihood of Congress agreeing on tax cuts and, last night, another positive U.
