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Asia slips on weaker oil, Dollar near 7 month high as euro slips


Asian Market 1
Asia slips on weaker oil, Dollar near 7 month high as euro slips Asian stocks slipped on Friday with a fall in crude oil prices dampening investor risk sentiment, while the dollar hovered near a seven-month high against an index of peers. The dollar was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating tapering its monetary easing – sending the euro lower.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent.South Korea’s Kospi lost 0.4 percent and Australian stocks shed 0.3 percent.
Japan’s Nikkei bucked the trend and rose 0.2 percent , brushing a six-month high, as the yen weakened against the dollar.


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