Asian Shares declined; Wall Street tumbled overnight stateside

Asian Shares declined Wednesday morning after shares on Wall Street tumbled overnight stateside.

Asian Shares

• The Shanghai composite slipping 1.48%.
• The Shenzhen component declined 2.638%.
• Hong Kong’s Hang Seng index shed 1.16%.
• In Japan, the Nikkei 225 declined 1.57% while the Topix index fell 1.6%.
• South Korea’s Kospi also slipped 0.91%.
• Over in Australia, the S&P/ASX 200 dropped 2.54%.
• Overall, the MSCI Asia ex-Japan traded 1.24% lower.

Currency Prices

• The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 93.51 following its rise earlier this week from levels below 93.0.
• The Japanese yen traded at 105.92 per dollar after an earlier high of 105.82 against the greenback.
• The Australian dollar changed hands at $0.7219 after falling from levels above $0.726 yesterday.

Oil Prices

• Oil prices were lower in the morning of Asian trading hours, with international benchmark.
•  Brent crude futures down 0.53% to $39.57 per barrel.
• U.S. crude futures were also 0.68% lower at $36.53 per barrel.