SINGAPORE — Shares in Asia-Pacific appeared set for a lower start on Wednesday following a overnight tech sell-off on Wall Street as investors fled social media stocks.

The Nikkei futures contract for Osaka in Japan was 26,690. This is lower than the 27,790 recorded on the Japan market. Nikkei 225’sLast close: 26,748.14.

Australian stocks were poised to have a quiet start. The SPI futures contract was at 7,130. S&P/ASX 200’sLast closing at 7,128.80

The Reserve Bank of New Zealand will announce their interest rate decision on Wednesday at 10:00 AM HK/SIN. Most of the economists polled by ReutersThe New Zealand central banks will likely increase the official cash rate 50 basis points.

The New Zealand dollarIt was at $0.6458 before the announcement and still higher than $0.637 at its lowest last week.

The U.S. dollar indexThe metric, which measures the greenback’s value against a basket of peers, recently fell to 101.857 from 102.2.

The Japanese yenIt traded at 126.84 USD, which is higher than its level against the greenback of 127 earlier this week. The Australian dollarAfter a bounce from below $0.708 levels, it was back at $0.7111