Asia Stocks restrained, dollar at two-week high as trade war saps confidence

Asian stocks were steady on Friday, with gains from the tech-led rise on Wall Street capped by the latest exchange of trade threats between Beijing and Washington, while safe haven flows lifted the dollar to a two-week high.

MSCI’s broadest index of Asia-Pacific shares outside Japan inched down 0.03 percent. The index was down about 0.6 percent for the week, during which it slumped to a two-week high on Thursday on US-China trade tensions.

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