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Asia pressured by Wall Street, dollar holds below 14-year peak


Asian Market 1
Asia pressured by Wall Street, Dollar Holds below 14-year peak Asian stocks stepped back in subdued trade on Friday as Wall Street took a breather from its relentless rise since the US election, while the dollar hovered below its 14-year high set earlier this week.
MSCI’s broadest index of Asia-Pacific shares outside Japan , which touched a five-month low on Thursday, eased 0.1 percent, and is headed for a weekly drop of 1.4 percent.
Japan’s Nikkei also lost 0.1 percent, but is set to end the week with a small 0.1 percent gain.
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