Wednesday 27 February 2019

Asian stocks slip as trade optimism retreats, dollar holds gains

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

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

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