We are in for a low market open in the US! However, be prepared to ride your stocks up during the day and sell before the market close!
Tokyo on Wednesday, the Nikkei 225 index was down 4.13 percent at 13,178.2 points at the midday break, while Hong Kong's Hang Seng index tumbled as much as 6.1 percent to 23,283.61 in morning trading.
Australia's key index fell nearly 3 percent, while Thailand's market was down 2.4 percent.
Markets in China, South Korea and Taiwan were closed for the Lunar New Year. Trading in Hong Kong and Singapore were due to close after the morning session and remain shut for the rest of the week for the holiday.