Start GRASP/Japan Asia to open cautiously following a mixed session on Wall Street

Asia to open cautiously following a mixed session on Wall Street

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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.

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