The China stock market ended a two-day winning streak, with the Shanghai Composite Index dropping 0.51 percent to close at 3,807.29. Despite losses from oil companies, financial shares and property stocks provided support. The global forecast for Asian markets suggests mild upside, following mixed European markets and positive U.S. bourses. Wall Street closed at record highs, with the Dow climbing 0.43 percent, NASDAQ up 0.37 percent, and S&P 500 gaining 0.27 percent. Optimism about interest rates persists ahead of inflation data releases, with ongoing expectations of a rate cut from the Fed. Crude oil prices rose amid geopolitical tensions, while China prepares to release August inflation figures.

Read more at Nasdaq: China Shares May Bounce Higher Again On Wednesday