Asian shares were mixed on Wednesday, while oil prices slid to six-month lows as traders waited for the year’s final policy decision from the Federal Reserve and clues on whether the central bank will cut rates next year.
Brent bottomed at $72.75 a barrel, its lowest level since late June, while U.S. crude slid to $68.14 a barrel on concerns of softening demand and oversupply.
The Fed takes centre stage on Wednesday, where it is due to announce its rate decision at the conclusion of its two-day policy meeting.