Asian markets dip as virus and Sino-U.S. tensions flare – ZAWYA

Asian markets dip as virus and Sino-U.S. tensions flare – ZAWYA

Asian markets dip as virus and Sino-U.S. tensions flare | ZAWYA MENA Edition HomeMarketsEquitiesArticleAsian markets dip as virus and Sino-U.S. tensions flare Asia ex-Japan index down 1%, Nikkei off month high    An investor looks at computer screens showing stock information at a brokerage house in Shanghai, China May 6, 2019. Image used for illustrative purpose.SINGAPORE/WASHINGTON: Asian stock markets slipped on Tuesday, oil sagged and a safety bid supported the dollar as simmering Sino-U.S. tensions and fresh coronavirus restrictions in California kept a lid on investor optimism as earnings season gets underway.MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2%. Japan's Nikkei retreated from a one-month high touched on Monday, dropping 0.8%. A firm dollar put pressure on the Aussie and kiwi.  The moves came after a selloff on Wall Street that followed reopening rollbacks in California, where Governor Gavin Newsom ordered bars closed and restaurants and movie theatres to cease indoor operations.  MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2%. Japan's Nikkei retreated from a one-month high touched on Monday, dropping 0.8%. A firm dollar put pressure on the Aussie and kiwi. SINGAPORE/WASHINGTON: Asian stock markets slipped on Tuesday, oil sagged and a safety bid supported the