Asia-Pacific stocks set to dip; China’s retail sales, industrial production data for August ahead

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Asia-Pacific stocks set to dip; China’s retail sales, industrial production data for August ahead

SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday morning trade following losses overnight on Wall Street. The in Japan declined 0.57% while the Topix index slipped 0.83%. South Korea's advanced 0.11%. In Australia, the fell 0.42%. MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.08% lower. Chinese economic data, including retail sales and industrial production for August, is set to be released at 10:00 a.m. HK/SIN on Wednesday. Overnight on Wall Street, the Dow Jones Industrial Average dropped 292.06 points to 34,577.57 while the S&P 500 declined 0.57% to 4,443.05. The Nasdaq Composite shed 0.45% to 15,037.76. The losses stateside came despite that was weaker than expected. Currencies and oil The , which tracks the greenback against a basket of its peers, was at 92.671 following its recent decline from levels above 92.7. The traded at 109.67 per dollar, having strengthened yesterday from around 110.1 against the greenback. The changed hands at $0.7317, still struggling to recover after last week's decline from above $0.74. Oil prices were higher in the morning of Asia trading hours, with international benchmark up 0.43% to $73.92 per barrel. advanced 0.51% to $70.82 per barrel.