Asian shares slip from two-year high as economic strains pile up

Topics Asian markets | Markets


By Tom Westbrook and Katanga Johnson SINGAPORE/WASHINGTON (Reuters) - Asian stocks eased from a two-year high on Wednesday, as a mixed bag of economic data had investors a touch more circumspect about the global recovery, while oil jumped to a five-month peak owing to a hurricane disrupting output in the Gulf of Mexico. MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1% after hitting its highest since mid-2018 on Tuesday. Japan's Nikkei was off 0.

1%. The U.S. dollar nursed small losses in currency.

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