Japan's Nikkei 225 opened Aug 12 (Wed) up 17.26 points, or 0.03%, at 66,987.48.

US inf data due tonight could move markets short term, but Metzler Bank analysts say it is unlikely to materially influence the Fed's September rate decision. After weaker-than-expected June core inf, markets will watch whether July continues the trend or June was an outlier. Metzler says the Fed is likely to wait for additional data — PPI, PCE — and developments in the Middle East before deciding on rates.

OPEC monthly report cuts 2027 eurozone GDP growth forecast to 1.0% from 1.2%.