Ivan Delgado
Independent Analyst
Asian equity markets are bracing for a flat-to-lower open on Wednesday, following declines on Wall Street overnight. Australian shares will likely follow their U.S. peers lower as a rejuvenated greenback continues to weigh on commodity prices. Stock futures notched down 0.5 percent to 5748, a 25-point discount to the underlying S&P ASX 200 index.
Japan’s benchmark Nikkei 225 could see a cautious start after Chicago and Osaka futures traded at 20,455 and 20,340, bracketing the bourse’s previous close of 20,437.
Meanwhile, market attention may turn to the release of minutes from the last Bank of Japan meeting where the central bank kept its massive monetary stimulus program intact, as widely expected.
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