Tuesday 18 April 2017

Asia stocks slip amid North Korea concerns, dollar up on Mnuchin comments

Asian stocks pulled back in early trade on Tuesday, while the Dollar bounced back from a five-month low after the US Treasury Secretary's comments supported a stronger currency, although escalating tensions over North Korea capped gains. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.15 percent lower.

Japan's Nikkei jumped 0.8 percent, its biggest one-day gain in three weeks, thanks to a weaker yen.

Australian shares slipped 0.8 percent on their first trading day this week.

South Korea's KOSPI climbed 0.1 percent.

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