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[Tuff-Stuff]

<-This data is what helped Wall Street tank this afternoon->

IMF/World Bank meetings in Washington, BoE chief Andrew Bailey told UK pension funds they had three days to balance their positions before the BoE exits the market. No ifs, no buts.

Wall Street tanked, and sterling plummeted.

For Asia on Wednesday, two key events underscore the challenges economies, policymakers and investors are facing.

The Bank of Korea is expected to raise interest rates by 50 basis points to a decade-high of 3.00%, its latest step to lower inflation from recent 24-year highs and lift the won from its recent 13-year low against the dollar.