Stocks in Asia opened mixed on Wednesday morning despite United States (U.S.) shares clawing back some of Monday’s rout, with traders remaining cautious in the face of deepening trade tensions, Bloomberg reported. The daily yuan fixing will be in focus after China’s move to stabilize its currency fueled speculation cooler heads will prevent a full-blown trade war. Assets in India, New Zealand, and Thailand will be in focus with monetary policy decisions due in all three countries Wednesday.

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