• Asian equities look set to fall Tuesday following declines in European stocks and bonds as European Central Bank officials tamped down rapid rate cut expectations.
• Australian shares and futures for Hong Kong slipped, while those for Japanese equities rose. US contracts were little changed after a Monday holiday. The region-wide Euro Stoxx 50 inched 0.3% lower Monday, partly weighed down by a contraction in German gross domestic product in the fourth quarter, although Europe’s largest economy managed to avoid recession.