Asian Equities Continue to be Hurt by Oil

Asian stocks slipped on Tuesday as a continuing slide in crude oil prices dampened risk appetite, while the dollar nursed losses against the safe-haven yen.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent.  Japan’s Nikkei dropped 1.4 percent and Australian shares were down 0.9 percent.

The region’s focus was on Chinese trade data due at 0200 GMT, especially as recent signs of weakness in the world’s second largest economy has been central in worries over global growth.


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