Asian markets drop after Wall Street ends in red, gold up by 1 pct

All the Asian markets are trading on a lower note on Wednesday after Wall Street closed in red. On the other side, Gold rises by 1 pct to $1,371 marks and USD/JPY falls below 101.00 mark and currently trading around 100.65 marks.

Japan’s Nikkei N225 was trading 2.96% lower at 15,206.40 points in Tokyo.

South Korea’s Kospi was trading 2.0% lower at 1,948.17 points.

Shanghai composite index to open down 0.3 pct at 2,998.52 points and China's CSI300 index to open down 0.3 pct at 3,197.62 points.

Hong Kong’s Hang seng was trading 2.11% lower at 20,312.15 points.

Australia's S&P/ASX 200 was trading 1.33% lower to 5,158.80 points.