Asian stock markets are mostly lower on Wednesday, following the negative cues overnight from Wall Street, on sliding crude oil prices and data that showed a substantial deterioration in U.S. consumer sentiment. Traders also remained concerned about alarming rise in spread of the delta variant of the coronavirus in the region and some other countries, particularly in the U.S. Asian Markets closed mostly higher on Tuesday.
Traders may be reluctant to make significant moves ahead of the release of the U.S. Labor Department's closely watched monthly jobs report on Friday and speculating about the central bank's likely take on monetary policy.
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