Stocks in Asia-Pacific traded lower on Wednesday as investors braced for the release of US inflation data which carries significant weight as it has the potential to impact monetary policy decisions by the US Federal Reserve.
In mainland China, both the Shanghai Composite and Shenzhen Composite experienced losses, down by 0.47% and 1.04%, respectively at 4:35 am CET. Japan's Nikkei 225 decreased 0.31% at the same time.
At 4:49 am CET, Australia's S&P/ASX 200 fell by 0.86%, as the US dollar went 0.21% up against the Japanese yen, going for ¥147.3875. South Korea's Kospi lost 0.14% and Hong Kong's Hang Seng fell by 0.20% at 4:51 am CET.
