Tokyo/Singapore — Asian stocks pulled back on Tuesday, brushing off a firmer lead from Wall Street, as investors turned cautious after soft Chinese economic data. They are also awaiting fresh developments on US-China trade talks and North Korea. Crude oil prices held near three-and-a-half-year highs on supply concerns, while the dollar edged higher, underpinned by a rise in US bond yields. Spread betters expected European stocks to follow their Asian peers lower, with Britain’s FTSE, Germany’s DAX and France’s CAC all expected to drop 0.2%. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8%, after rising the previous day to its highest since late March. The index had rallied for three straight sessions before Tuesday. Japan’s Nikkei dipped 0.1%, with its surge to a three-month peak bogging down. "The markets appear to be taking a breather after their recent surge, awaiting fresh developments in matters such as US-China trade issues and Washington’s upcoming summit ...
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