- MSCI ex-Japan slips for a second straight day
- Japanese yen edges up against U.S. dollar
- Oil prices fall more than 1% on oversupply fears
- Gold inches up to stay above $1,800 an ounce
SYDNEY, July 19 (Reuters) – Asian shares slipped to a one-week low on Monday and perceived safe haven assets, including the yen and gold, edged higher amid fears of rising inflation and a surge in coronavirus cases, while oil prices fell on oversupply worries.
MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 1.1% for a second straight day of losses to 677.45, a level not seen since July 12. The index was on track for its biggest daily percentage drop since July 8.