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Asian stocks dipped in early trade on Tuesday with disappointing Chinese data and a Wall Street slip dampening the mood, although Japan bucked the trend and rose sharply on follow-through momentum generated the Bank of Japan’s surprise monetary easing last week.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.15 percent. Wall Street closed on slight losses on Monday, taking a breather from a recent rally.
Tokyo’s Nikkei was up 3 percent after touching a fresh seven-year high, boosted by the yen’s continuing weakness. Japanese financial markets were closed on Monday for a public holiday.
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