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Mixed performance for equity markets in the Asia-Pac region; Chinese markets remain under pressure after a sharp sell off on Monday. The regulation crackdown continues to spook investors and has caused speculation over what could be next in the cross hairs though moves today have not been as extreme, the CSI 300 is down 0.2%. The Hang Seng Tech index has seen selling again bringing declines from the start of last week to around 12.5%. Markets in Japan were higher, data showed Japanese services PPI rose 1.4% Y/Y, above estimates of 1.3%. Markets in South Korea are higher, GDP data was slightly below estimates but the BoK reassured markets that the recovery was still on track. In the US futures are lower, coming off closing highs on Monday as major markets finished at yet another record high. Markets will have one eye on the FOMC rate announcement on Wednesday.