Asia stocks slip, risk aversion grips for U.S. debate

Asia stocks slip, risk aversion grips for U.S. debate
 

Uncertainty gripped Asian markets on Tuesday as investors braced for a potentially pivotal U.S. presidential debate by shunning stocks while favouring safe haven bonds and the yen.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.3 percent in early trade, while South Korea .KS11 fell 0.6 percent.
Japan's Nikkei .N225 dropped 1 percent as a higher yen threatened exporter sales and profits.
The debate between Democrat Hillary Clinton and Republican Donald Trump starts at 0100 GMT and could have a big impact with the race seemingly so close.
Markets have tended... read more

 
27 September 2016 in Business, Views: 50
Source: Reuters
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