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Asian Stocks Slip As Trade Optimism Retreats, Dollar Holds Gains


Thursday, 28 February 2019 08:21 WIB

Saham Asian Indeks MSCI Asia Pasifikindeks Kospi


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Asian stocks slipped on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer dented some of the recent optimism toward Sino-U.S. trade relations, while the dollar held gains, supported by higher bond yields.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1 percent.

Australian stocks fell 0.1 percent, South Korea’s KOSPI shed 0.5 percent and Japan’s Nikkei lost 0.5 percent.

Global equities scaled a four-month high earlier this week helped by upbeat expectations toward U.S.-China trade talks. On Wednesday, however, they dipped after Lighthizer said it was too early to predict an outcome in talks between Washington and Beijing.

Source : Reuters


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