On Wall Street, it was a tough session with techs leading losses as investors opted for the sidelines before this week’s Federal Reserve policy meeting. The expiration of billions of dollars worth of options led to a rebound in volatility.

Chip equipment makers Applied Materials, Lam Research and KLA Corp all dropped more than 4 per cent after Reuters reported TSMC had asked its major vendors to delay deliveries.

ASX to fall as Fed, BoE and BoJ policy meetings loom comes via ChinaTechNews.com.