China's Shanghai Composite Index fell below 4,000 points, down 0.69% on the day.

Spot gold slid intraday, extending losses to 0.6% at $4,055/oz; spot silver fell 0.5%.

Capital Economics economists say in a report that unless clear progress is made addressing MSCI’s transparency concerns, Indonesia risks being downgraded from emerging-market to frontier-market status. MSCI has postponed its decision until November to assess reforms by financial regulators; key issues, notably expanded market access for foreign investors, must be resolved before the November review.