Asia set to trade cautiously following overnight declines on Wall Street

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Asia set to trade cautiously following overnight declines on Wall Street
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Nikkei futures pointed to a slightly higher open for the Japanese benchmark index while Australia's ASX 200 slipped in early trade.

Asia markets were set to trade cautiously, likely taking cues from other global markets where weak economic data, persisting trade-war fears and worries over Brexit kept investors on the sidelines.

The session in Asia follows an overnight session where U.S. stocks slipped on weak economic data while European equities traded without any real direction as investors sought guidance over Brexit negotiations. Asia markets were set to trade cautiously, likely taking cues from other global markets where weak economic data, persisting trade-war fears and worries over Brexit kept investors on the sidelines.

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