Asian stocks slip, the United States set too higher open after Christmas

A woman goes with an electronic stock in a securities company in Tokyo Wednesday, December 26, 2018. On Wednesday, Asian markets were mostly lower after President Donald Trump said there was nothing new in the end of the partial government closure over a US-Mexico wall border. (AP Photo / Koji Sasahara)

SINGAPORE – Asian markets were mostly lower after President Donald Trump said there was nothing new on the partial government's closure over an interface between the United States and Mexico.

U.S. The markets, which were closed for Christmas, would open higher on Wednesday. Stocks are still on their way to their worst December since the Great Depression in 1931.

Futures for S & P 500 increased 0.3 percent to 2 349.25. Dow futures were up 0.2 percent at 21.744.00.

Markets in Europe, Hong Kong and Australia were closed.

ASIA'S DAY: South Korea's Kospi gave 1.3 percent to 2.028.01 and the Shanghai Composite Index rose 0.3 percent to 2 498.29. Japan's Nikkei 225 index, which fell by 5 percent on Tuesday, increased 0.9 percent to 19 327.06. Stocks fell in Taiwan, Singapore and Indonesia, but rose in Thailand.

U.S. SHUTDOWN: The partial closure of the US government that started on Saturday shows no sign of reducing. "Nothing new. Nothing new on the closure. Nothing new. Except we need border security," Trump told reporters. The White House said that Trump will reject any deal that does not include financing for a wall or fence. Democrats have opposed this and offer $ 1.3 billion for security. The routines of 800,000 federal employees are expected to be disturbed by the closure, but key services will continue to run.

CREDIT CRITERIA: Trump's criticism of the US central bank triggered a decline in Asian stocks on Tuesday. "The only problem our economy has is the Fed," said the president on Twitter. "They do not have a feel for the market, they do not understand the necessary trade war or strong dollar or even democratic shutting down borders." Trump has since said that interest rate rises are a "form of security" for an economy that did well while emphasizing that the Fed increased rates too fast.

THANK YOU ANALYST: "The outward movement does not reflect today's US economic landscape, but it seems to be little as far as fear commotion continues to permeate every pocket of global capital markets," said Stephen Innes of OANDA in a market commentary.

ENERGY: Benchmark US crude dropped 45 cents to $ 42.98 in electronic commerce on the New York Mercantile Exchange. The contract settled for $ 42.53 a barrel in New York on Monday. Burnt crude oil, which used to price international oils, received 3 cents to $ 50.50 per barrel.

CURRENCY: The dollar strengthened to 110.49 yen from 110.31 yen. The euro rose to $ 1,1393 from $ 1,1392.