Asian stocks wallowed near six-week lows on Tuesday as investors braced for a looming raft of economic and central bank events, while oil prices fell as markets doubted OPEC's ability to implement planned production cuts.
Market anxiety deepened in recent sessions after the Federal Bureau of Investigation on Friday said it was investigating newly discovered emails that might relate to democratic presidential candidate Hillary Clinton's use of a private email server when she was secretary of state.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.14 percent in early trades, its lowest levels in since Sept. 19. October marked the first monthly loss for the index since May.
Investor trepidation was captured in a broad gauge measuring volatility , which was at its highest levels in a month. The focus on the day turns to twin China factor PMI surveys due shortly, while later in the day Bank of Japan decides on policy, followed by a US Federal Reserve rates review on Wednesday.
The Nov. 8 election in the United States remained a key concern for markets. Clinton is viewed as the candidate of the status quo, while there is greater uncertainty over what a victory for her Republican rival Donald Trump might mean for U.S. foreign policy, international trade deals and the domestic economy.
Australian shares were down in early trade ahead of a central bank meeting due at 0330 GMT where analysts widely expect rates to stay on a record low of 1.5 percent.
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