Asia shares slip as US earnings disappoint, dollar gains

Asia shares slip as US earnings disappoint, dollar gains

Wednesday, October 12, 2016
Asian Market 1
Asia shares slip as US earnings disappoint, dollar gains Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street’s corporate earnings season knocked US stocks, while the dollar and Treasury yields rose on growing expectations of a US rate hike in December.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4 percent while Japan’s Nikkei futures slipped 0.7 percent.

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