Asia slips on Weaker Wall St, Dollar Marks time before Yellen

Asian stocks slipped on Thursday, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting. 

 

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent. Australian stocks fell 0.1 percent, South Korea's Kospi shed 0.2 percent and Japan's Nikkei nudged down 0.3 percent.Get live Nifty Future Tips News Updates visit us : http://www.ripplesadvisory.com/nifty-future-.php or Get Two Days Free Trial just on One Missed Call @98-27-80-80-90 

 

Wall Street retreated on Wednesday, pulled lower by weakness in the materials and healthcare sectors, with the Dow losing 0.4 percent and S&P 500 falling 0.5 percent. Global markets awaited Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the US monetary policy outlook.