Asia-Pacific markets trade mixed after Wall Street benchmarks hit new highs despite global political chaos Anniek Bao This is CNBC’s live blog covering Asia-Pacific markets. Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea

in two weeks, and markets are pricing in a roughly 78% chance of a quarter percentage point rate cut by the Federal Open Market Committee, according to the CME Group’s FedWatch tool. — CNBC’s Sean Conlon, Lisa Kailai Han and Hakyung Kim contributed to this report. 8 Hours Ago Korean won inches higher against the dollar The South Korean won strengthened slightly 0.2% against the dollar on Wednesday. The dollar was last trading at 1,412.80 won. The move higher comes a day after South Korea President Yoon Suk Yeol issued a martial law decree in a move that shocked the country and rattled financial markets. The won fell as low as the 1,442 won level Tuesday before the National Assembly had voted to lift the martial law declaration.