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Asia stocks slip as U.S.-China trade row revives growth fears; oil elevated

By Shinichi Saoshiro

TOKYO (Reuters) – Asia stocks struggled on Tuesday as a fresh round of U.S.-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth.

Spreadbetters expected European stocks to open on the defensive, with Britain’s FTSE (FTSE) giving up 0.1 percent, Germany’s DAX (GDAXI) starting unchanged and France’s CAC (FCHI) losing 0.2 percent.

MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) edged down 0.15 percent. But Japan’s Nikkei (N225) bucked the trend and edged up nearly 0.2 percent.

Read more at : https://www.investing.com/news/stock-market-news/stocks-pressured-as-uschina-trade-fight-revives-growth-fears-oil-elevated-1622105

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