Stocks in Asia were poised to open little changed on Thursday as investors continue to watch the yield curve in U.S. Treasurys, which inverted further overnight.
Futures pointed to a muted open for Japanese shares. The Nikkei futures contract in Chicago was at 20,490, while its counterpart in Osaka was at 20,530. That compared against the Nikkei 225′s last close of 20,479.42.
Australian stocks were also set to open largely unchanged, with the SPI futures contract at 6,463.0, as compared to the S&P/ASX 200′s last close at 6,500.60.
Energy stocks in the region will also be watched, after strong gains were seen in the sector overnight stateside.
Markets continue to remain on edge as investors await developments on the U.S.-China trade front, with the tariff war between the two economic powerhouses recently escalating and further dampening sentiment and raising concerns over the global economic outlook.
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