Asian markets slipped Wednesday, with Shanghai suffering another heavy loss owing to weak earnings, while the dollar edged down after more weak US data made an early interest rate rise unlikely.The euro continued to hold its own, with investors hopeful that Greece will be able to hammer out a bailout reform deal with its creditors, helping it avert a default.
Hong Kong lost 0.38 per cent, Shanghai lost 1.40 per cent, Sydney fell 1.03 per cent and Seoul shed 0.15 per cent.
Tokyo was closed for a public holiday.
With few major catalysts, regional investors are turning their focus on the Fed's two-day meeting, which wraps up later in the day.
While the central bank will not announce any policy move, its statement will be pored over for any guidance over interest rates.
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