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Global Markets: Asia stocks pull back after soft China data; oil higher

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks pulled back on Tuesday, brushing off a firmer lead from Wall Street, as investors turned cautious after soft Chinese economic data and awaited fresh developments on U.S.-China trade talks and North Korea.Crude oil prices held near 3-1/2-year highs on supply concerns, while the dollar edged higher, underpinned by a rise in U.S. bond yields.Spreadbetters expected European stocks to follow their Asian peers lower, with Britain's FTSE, Germany's DAX and France's CAC all seen shedding 0.2 percent.MSCI's broadest index of Asia-Pacific shares ...

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First Published: Tue, May 15 2018. 11:26 IST
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