The Japanese stock market fell on Tuesday after the Wall Street fell.
The Topix index in Japan fell in the morning.
The Kospi lost 1.15% and the Kosdaq lost 2.04%.
The Hang Seng index fell while the Hang Seng tech index fell.
The Chinese markets were mixed at the start of the day. The Shenzhen Component rose after the Shanghai Component fell.
Australia's S&P/ASX 200 rose.
The broadest index of Asia-Pacific shares was down.
The upcoming U.S. inflation report and China GDP report will be watched by investors. This week, the Bank of Korea will meet.
Toyota said it was extending the suspension of one production line at its Motomachi plant to investigate the cause of a recall for one of its models.
The suspension will affect about 4,000 units, but the global production plan won't be changed. Toyota's share price was down.
Major indexes in the US fell.
The Dow Jones Industrial Average lost 163.31 points to end the day at 31,172.84 The S&P 500 lost 1.15 points to 3,856.43.
The shares of Nio, an electric vehicle maker in the U.S., fell 9% overnight.
| TICKER | COMPANY | NAME | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|---|
| Nikkei 225 Index | *NIKKEI | 26341.02 | -471.28 | -1.76 | |
| Hang Seng Index | *HSI | 20981.36 | -142.84 | -0.68 | |
| S&P/ASX 200 | *ASX 200 | 6616.7 | 14.5 | 0.22 | |
| Shanghai | *SHANGHAI | 3312.85 | -0.74 | -0.02 | |
| KOSPI Index | *KOSPI | 2310.87 | -29.4 | -1.26 | |
| CNBC 100 ASIA IDX | *CNBC 100 | 7899.67 | -89.04 | -1.11 |
The U.S. dollar index, which tracks the dollar against a basket of peers, was last at108.464.
The Japanese currency traded at 137.18 against the US dollar.
Carol Kong, a senior associate, international economics and currency strategy at Commonwealth Bank, wrote in a Tuesday note that markets viewed the expansion of Japan's ruling Liberal Democratic Party majority in the upper house as an endorsement of the BoJ's ultra- easy monetary policy.
The Bank of Japan's commitment to low interest rates has led to the depreciation of the Japanese currency.
The Australian dollar plummeted this week to a low of $0.6731.
TheAUD/USD fell below the support of 0.6750. She said that concerns about a sharp global slowdown and fears of more virus restrictions in China will continue to weigh on the AUD.
There was a decline in oil futures in Asia. The U.S. West Texas Intermediate crude fell to $102.67 per barrel.
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