Equities were mixed in Asia on Wednesday amid warnings about t | Value investing and swing trading(money markets academy)

Equities were mixed in Asia on Wednesday amid warnings about the risk of an economic downturn.

Shares rose in Japan and Australia but fell in South Korea. The US futures declined after the S&P 500 and Nasdaq 100 jumped over 2% on Tuesday.

As of 6:28 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- was 0.49% higher at 15,698.50 points.

Elsewhere, the yen hovered near 24-year lows against the dollar, due to the dichotomy that is the monetary policy of Bank of Japan and the US Federal Reserve. Crude oil retreated further below $110 a barrel. Bitcoin hovered around $20,000.