Traders weigh Fed rate pause option, Asian stocks wobble.

Asian stocks edged lower as US services sector unexpectedly softened, reinforcing expectations that the Federal Reserve may skip an interest rate hike when it meets next week. The US services industry accounts for more than two-thirds of the US economy. Markets are now pricing in a 77% chance of the Fed standing still, a sharp jump from a 36% chance a week earlier. In oil markets, prices eased to give up most the gains from the previous session after the world's top exporter, Saudi Arabia, said that it would further cut output.