Political uncertainty unsettled stocks on Tuesday as investors awaited more details of President Trump’s spending plans.

Stocks in Asia tracked disappointing results from Wall Street, with Japan’s Topix Index down 0.2 per cent. While Australia’s S&P/ASX 200 closed up 0.1 per cent, Hong Kong’s Hang Seng Index was down 0.1 per cent.

The Shanghai Composite and Shenzhen Composite indices were both down 0.3 per cent as observers awaited data on China’s foreign reserves.

Futures tip both London’s FTSE 100 and the S&P 500 to open flat on Tuesday.

The corporate calendar today includes full-year results from Statoil, Yoox Net-a-Porter, full-year results from BP and a Q3 trading update from Firstgroup.

Here’s today’s economic calendar (all times London):

  • 07:00 German industrial production
  • 08:00 Swiss foreign currency reserves
  • 08:30 Halifax house prices
  • Romanian Central Bank to announce interest rate decision for February some time today.

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