Sydney - Asian equities slipped as investors awaited more clues on US interest rates and economic growth, ahead of a meeting between Donald Trump and China’s Xi Jinping. Stocks in Shanghai rallied and the yen strengthened.
Japanese shares dropped as the yen climbed for a fourth day. Stocks in Shanghai and Taiwan rallied after markets reopened after a holiday. South Africa’s rand steadied after a pronounced slump.
The Aussie recouped some of its declines triggered by a warning from the central bank that regulators are prepared to consider further measures to tame runaway house-price growth. Oil extended Tuesday’s advance.