* Dollar slipping and stocks on the march
* MSCI AxJ +1%, Nikkei +1.85%, Hang Seng +2.3%
* U.S.-China trade talks eyed
* Asian stock markets: https://tmsnrt.rs/2zpUAr4
By Kane Wu and Tom Westbrook
HONG KONG/SINGAPORE, Aug 11 (Reuters) - Asian stock markets rose on Tuesday on relief that another round of Sino-U.S. sparring appears not to have spilled over into trade, while hopes for U.S. stimulus lent support to oil and commodity currencies.
European markets were expected to open higher with EUROSTOXX 50 futures up 0.86% and FTSE futures up 0.77%.
MSCI's broadest index of Asia-Pacific shares outside Japan was up nearly 1%. Japan's Nikkei returned from a holiday with a 1.85% gain led by healthcare and industrial stocks and the Hang Seng bounced 2.3%.
South Korean stocks shrugged off a drop in exports and rose for a seventh straight session, adding 1.4% for a 7.5% gain already in August.
Singapore's benchmark, however, lagged after the country said it expected its biggest recession in history.
Investors are awaiting a meeting between top U.S. and Chinese trade officials on Saturday to review the first six months of the Phase 1 trade deal.
With China lagging far behind on energy and farm goods purchases from the United States, it could test markets' assumption that the trade relationship is insulated from crumbling diplomatic ties between the two nations.
Yet there was palpable relief on Tuesday that China's sanctions on 11 U.S. citizens - a response to U.S. sanctions on Chinese individuals over Beijing's crackdown in Hong Kong - seemed to shut off the latest round of tit-for-tat moves.
"It has left the White House untouched," said Vishnu Varathan, head of economics at Mizuho Bank in Singapore.
"That gives some relief that China is still giving some priority to the (trade deal) dialogue," he said. "It's just the sense that you're not rocking the boat to the point of capsizing, that is the low bar today."
Safe havens were under gentle pressure across the board. Gold slipped about 0.48% to $2,017.5 an ounce and the U.S. bond market extended a recent selloff, with the yield on benchmark 10-year Treasuries at a two-week high of 0.5870%.
ONWARDS AND UPWARDS
Overnight, Wall Street found some support after Trump signed executive orders to partly restore unemployment benefits after talks between the White House and top Democrats about fresh stimulus broke down last week.
The Dow rose 1% and the S&P 500 inched ahead, while the Nasdaq sold off a little as investors trimmed some tech holdings in favour of value stocks.