{"id":309321,"date":"2025-10-16T23:58:11","date_gmt":"2025-10-16T23:58:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/309321\/"},"modified":"2025-10-16T23:58:11","modified_gmt":"2025-10-16T23:58:11","slug":"asia-markets-set-for-lower-open-as-banking-and-trade-fears-take-hold","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/309321\/","title":{"rendered":"Asia markets set for lower open as banking and trade fears take hold"},"content":{"rendered":"<p>Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day.<\/p>\n<p>Charlie Rogers | Moment | Getty Images<\/p>\n<p>Asia-Pacific markets were set for a weaker open Friday, tracking losses on Wall Street as fears over the banking sector and trade tensions intensified.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/10\/16\/regional-banks-and-jefferies-shares-tank-as-concerns-grow-on-wall-street-about-sour-loans.html\" target=\"_blank\" rel=\"noopener\">Shares of regional banks<\/a> and investment bank\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/JEF\/\" target=\"_blank\" rel=\"noopener\">Jefferies<\/a>\u00a0tumbled on Thursday stateside as fears mounted around some bad loans lurking in the U.S.<\/p>\n<p>In Asia, investors will take note of chip heavyweight <a href=\"https:\/\/www.cnbc.com\/quotes\/TSM\/\" target=\"_blank\" rel=\"noopener\">Taiwan Semiconductor Manufacturing Co.<\/a>, which announced its <a href=\"https:\/\/www.cnbc.com\/2025\/10\/16\/tsmc-hits-yet-another-record-as-profit-surges-39percent-beating-estimates-on-ai-chip-demand-surge.html\" target=\"_blank\" rel=\"noopener\">third-quarter results<\/a> after Taiwan&#8217;s market closed Thursday.<\/p>\n<p>Australia&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.AXJO\/\" target=\"_blank\" rel=\"noopener\">S&amp;P\/ASX 200<\/a> started the day 0.28% down.<\/p>\n<p>Japan&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\" target=\"_blank\" rel=\"noopener\">Nikkei 225<\/a> futures also pointed to a weaker open, with the futures contract in Chicago at 48,040 and its counterpart in Osaka at 48,060 compared to the previous close of 48,277.74.<\/p>\n<p>Hong Kong Hang Seng Index futures were at 25,862, lower than the HSI&#8217;s last close of 25,888.51.<\/p>\n<p>U.S. stock futures were slightly lower on Thursday night stateside after the previous session saw a sell-off fueled by concerns about regional banks&#8217; loan practices.<\/p>\n<p>Overnight in the U.S., the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" target=\"_blank\" rel=\"noopener\">Dow Jones Industrial Average<\/a>\u00a0lost 301.07 points, or nearly 0.7%, to close at 45,952.24. Earlier in the day, the 30-stock index had gained 170 points.<\/p>\n<p>The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.SPX\/\" target=\"_blank\" rel=\"noopener\">S&amp;P 500<\/a>\u00a0finished 0.6% lower at 6,629.07, giving up a 0.6% gain at the highs of the session. The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\" target=\"_blank\" rel=\"noopener\">Nasdaq Composite<\/a>\u00a0fell 0.5% to settle at 22,562.54.<\/p>\n<p>\u2014 CNBC&#8217;s Liz Napolitano, Pia Singh and Alex Harring contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day. Charlie Rogers&hellip;\n","protected":false},"author":3,"featured_media":144423,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[8000,7998,133,64,81,135,7997,145,67,132,68,7999],"class_list":{"0":"post-309321","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asia-economy","9":"tag-breaking-news-asia","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-markets","14":"tag-nikkei-225-index","15":"tag-sp-500-index","16":"tag-united-states","17":"tag-unitedstates","18":"tag-us","19":"tag-world-markets"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115386561599328749","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/309321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=309321"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/309321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/144423"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=309321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=309321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=309321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}