SINGAPORE — Shares in Asia-Pacific traded mixed on Wednesday morning as investors in Asia-Pacific looked ahead to the release of Chinese trade data for September.
In Japan, the Nikkei 225 slipped 0.18% while the Topix index dipped 0.28%.
MSCI’s broadest index of Asia-Pacific stocks outside Japan traded 0.16% higher.
Trading in Hong Kong is set to be cancelled on Wednesday because of severe weather due to Typhoon Kompasu, with the Hong Kong Observatory issuing an alert that the “Storm Signal No. 8” is set to remain in force up to 4 p.m. According to the Hong Kong exchange’s rules, all trading sessions will be cancelled if that storm signal or a higher alert level remains in place at 12:00 p.m. local time.
Oil prices were muted in the morning of Asia trading hours, although they still remained elevated above $80 per barrel.
China on Tuesday announced plans to liberalize coal-fired power pricing, Reuters reported, as the country faces a energy crisis.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.403 after bouncing from levels below 94.2 earlier in the week.