Japan -1.44%. Japan December Exports +11.5% y/y (expected +10.1%) Imports +20.6% (expected +22.4%). Japan recorded a trade deficit of 1.45 trillion yen ($11.27 billion) for the month of December.
Hong Kong -0.11%.
Australia +0.57%. Australian December unemployment rate 3.5% vs. expected at 3.4% and prior also 3.4%.
Overnight on Wall Street, major stock indexes stumbled, with the S&P 500 recording its worst day in more than a month.The Dow fell 613.89 points, or 1.81%, to 33,296.96. The S&P 500 lost 1.56% to close at 3,928.86, its lowest level since Dec. 15. The Nasdaq Composite slid 1.24% to end the day at 10,957.01, snapping a seven-day win streak.
New Zealand food price index for December +1.1% m/m (prior 0.0%).
Hong Kong and Australia are slated to post its unemployment rate reading for December and October to December respectively.
Oil prices dropped more than a dollar following a disappointing U.S. retail sales reading, which stoked recession fears.
Brent crude futures slumped 1.21%, or $1.03 to $83.95 a barrel, while the U.S. West Texas Intermediate futures lost 1.38%, or $1.10 to $78.38 a barrel.
U.S. futures lower. Dow Jones -0.21%; S&P 500 -0.16%; Nasdaq -0.08%.