Asia-Pacific markets set for muted open as investors assess Trump’s tariff plans

Asia-Pacific markets set for muted open as investors assess Trump's tariff plans

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea.

Jungang Yan | Moment | Getty Images

Asia-Pacific markets are set to have a muted open Tuesday, as investors assessed U.S. President Donald Trump’s postponement of 50% tariffs on European Union imports.

Japan’s benchmark Nikkei 225 was set to open slightly higher, with the futures contract in Chicago at 37,575 while its counterpart in Osaka last traded at 37,610, against the index’s Monday close of 37,531.53.

Hong Kong markets are poised to open flat with futures tied to the Hang Seng index at 23,200, compared to the benchmark’s last close of 23,282.33.

Futures tied to Australia’s S&P/ASX 200 index stood at 8,411, pointing to a higher open than its last close of 8,361.

— CNBC’s Alex Harring contributed to this report.

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