Investing.com - Asian shares were mixed on Wedneesday with a consumer survey in Australia bosoting Sydney.
The S&P/ASX 200 rose 0.40%, while the Shanghai Composite eased 0.42%. The Nikkei 225 gained 0.18%.
In Australia, the Westpac consumer sentiment survey gained 3.9 points to 101.7, pointing to the Reserve Bank of Australia's forecast for household consumption to rise above average from 2016.
"There is little chance of a rate cut in December," Westpac chief economist Bill Evans said of the survey results.
"The real issue is whether the bank will eventually act to cut rates next year - as confidently expected by the market. It is our current view that the growth dynamics of the Australian economy will remain sufficiently supportive through 2016 to ensure steady rates. The lift in spending expectations and confidence around the employment outlook from the survey point in that direction."
Overnight, U.S. stocks were mixed on Tuesday on a volatile day of trading, as a sell-off in Apple (O:O:AAPL) driven by weak supply chain orders weighed on all three of the major indices.
The Dow Jones Industrial Average and the S&P 500 Composite index ticked up to erase some of their losses from the previous session, while the NASDAQ Composite index fell slightly to continue its retreat from near-record highs. The Dow gained 27.73 or 0.16% to close at 17,758.21, while the NASDAQ lost 12.06 or 0.24% to end Tuesday's session at 5,083.24.