Asia stocks slip as yen jumps and Iran warns of retaliation
Asian stocks fell as the yen surged as much as 1% to 152.89 and economic data came mixed. Iran warned of retaliation in the Gulf, lifting commodity prices and Treasury bond yields higher.
Asian stocks fell on Tuesday as a surge in the yen and mixed economic data weighed on markets, while fresh Iranian threats in the Gulf pushed commodity prices and Treasury bond yields higher. 89, its strongest level since February 18, as investors unwound an…