Trade concerns weigh on Asian equities ahead of the Fed

Nikkei 31-07

The rhetoric by Trump overnight isn't helping with sentiment in equities on the day with Asian stocks mostly slumping as trade talks continue in Shanghai today.

Trump's remarks basically cemented already low expectations to be even lower and that isn't helping with the mood in Asian trading. The Hang Seng is down by 1.3% while the Shanghai Composite is down by 0.5% currently.

US and European futures are a little bit more upbeat, buoyed by more solid Apple earnings after the bell yesterday. That displays more mixed sentiment in markets ahead of the Fed decision later on in the day.