In Asian Equity Markets indices fell on Wednesday morning following a series of conflicting reports on U.S.-China trade. In Hong Kong, the Hang Seng index fell 0.39 percent. The Nikkei 225 in Japan fell 0.21 percent, as shares of Japanese conglomerate Softbank Group falling  0.64 percent. Sony and Nintendo both saw their stock falling by more than 3 percent, following Google’s overnight announcement of its video game streaming platform. Over in South Korea, the Kospi fell more than 1 percent as shares of industry heavyweight Samsung Electronics fell beyond 1.4 percent.

In Currency Markets the U.S. dollar rose against most of its peers on Wednesday as reports of renewed tension in U.S.-China trade negotiations supported safe-haven bids, although the Federal Reserve’s policy meeting later due in the day limited the greenback’s gains. Against a basket of key rival currencies, the dollar was almost 0.1 percent higher at 96.454 as it managed to find its footing after hitting its lowest level since March 1 at 96.291 in overnight trading. The yen gave up about one-sixth of a percent to 111.60 yen per dollar.

In Commodities Markets oil prices fell on Wednesday, retreating from a four-month high as economic growth concerns dampened the outlook for fuel consumption. However, analysts said oil was still well supported by voluntary supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela. International Brent crude oil futures were at $67.50 a barrel, down 11 cents, or 0.2 percent, from their last close. Brent touched $68.20 a barrel on Tuesday, its highest since Nov. 16. U.S. WTI crude futures were at $58.83 per barrel, down 20 cents, or 0.3 percent, from their last settlement.

In US Equity Markets main indexes pared gains on Tuesday following a Bloomberg report that U.S. officials are concerned China is pushing back against American demands in trade talks. The S&P 500 lost 0.01 percent, to 2,832.57 and the Nasdaq Composite added 0.12 percent, to 7,723.95. Of the 11 major sectors of the S&P 500, eight closed in the red, with utilities and financials registering the biggest percentage declines. Ford Motor Co shares rose 1.5 percent after the automaker announced it would boost U.S. production of its high-profit SUVs.

In Bond Markets U.S. Treasury yields were modestly higher in afternoon trade on Tuesday, as investors await insight on the Federal Reserve’s policy path when the U.S. central bank ends its two-day meeting on Wednesday, amid broad expectations that it will hold rates steady. The 10-year Treasury yield was last at 2.616 percent, 1.5 basis points higher from its last close. The 2-year Treasury yield, which is a proxy for investor expectations of interest-rate hikes, was up 1.9 basis points, at 2.475 percent.