Asia-Pacific markets trade in red on Wednesday following Wall Street’s overnight losses, amid concerns that President-elect Donald Trump's proposed policies will rekindle inflation and keep US interest rates high.

Asia-Pacific markets to open mostly higher on Tuesday as investors monitor the U.S. elections and key policy meetings in China and Japan

U.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will do with interest rates. The S&P 500 rose 0.7% in Thursday afternoon trading,