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Asian Markets Mostly Lower Amid Cautious Trade CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Wednesday, following the mixed cues overnight from Wall Street, on sinking oil prices, a strong U.S. dollar and expected profit taking. Traders also remain somewhat concerned about the outlook for monetary policy and await Wednesday s release of the minutes from the Federal Reserve s June meeting. Asian markets closed mixed on Tuesday. The Australian stock market is modestly higher on Wednesday, recouping most of the losses of the previous session, with the benchmark S&P/ASX 200 just above the 7,300 level, as gold miners and technology stocks provided the boost. However, traders remain concerned amid the worsening domestic coronavirus situation. The cues overnight from Wall Street were mixed.

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