Asia Markets: Asian markets sailing blind after lack of clear direction from Jackson Hole meeting

Asia-Pacific equity markets struggled for direction after U.S. and European central bankers didn’t provide fresh policy guidance, though Hong Kong stocks outperformed on strong corporate earnings.

Market participants were watching for implications from developments on U.S. tax policy, in addition to Hurricane Harvey’s impact on the global energy market. U.S. gasoline futures rose early Monday.

The Nikkei Stock Average NIK, -0.07% was down 0.1% in early trade, dragged by a stronger yen. Australia’s S&P/ASX 200 XJO, -0.65% declined 0.7%, New Zealand’s NZX 50 NZ50GR, -0.40% fell 0.2% and Korea’s Kospi SEU, -0.35% was off 0.4%.

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