Asia-Pacific markets are expected to open lower on Monday, mirroring the downward trend in US stock futures. The potential for escalating trade tensions due to further tariffs and weak economic data are contributing to investor pessimism. Meanwhile, global coal demand is surging, defying efforts to transition away from fossil fuels.
Asia-Pacific markets were set to fall Monday, tracking U.S. stocks futures that were lower ahead of key economic data, with the likelihood of more tariffs escalating trade tensions also denting investor sentiment.is set to open lower, with the futures contract in Chicago at 38,595 while its counterpart in Osaka last traded at 38,550, against the index's last close of 38,787.02.
The world isn't close to breaking free from coal — in some countries, demand for it is surging, on the back of higher spending in the lead up to the Lunar New Year, data released by the National Bureau of Statistics on Sunday revealed. The consumer price index roseThe three key U.S. indexes fell Friday after U.S. President Donald Trump's said he was planning reciprocal tariffs on trading partners.
TRADE TENSIONS ECONOMIC DATA ASIA-PACIFIC MARKETS COAL DEMAND US STOCKS
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