Global stocks sag, dollar broadly higher with trade in focus

Global stocks sag, dollar broadly higher with trade in focus

Wednesday, September 05, 2018

AsianStocks tracked their global peers lower while the safe-haven dollar was broadly higher on Wednesday as worries over persistent trade conflicts curbed investor appetite for riskier assets.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent.

Australian stocks lost 0.4 percent, South Korea’s KOSPI dropped 0.3 percent and Japan’s Nikkei shed 0.25 percent.

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