* Trump Whistleblower report seen raising U.S. uncertainties
* U.S.-China trade talks expected in early October
* Chip-related shares take a hit after Micron's bleak outlook
* European shares seen slightly higher
* Asian stock markets: https://tmsnrt.rs/2zpUAr4
By Hideyuki Sano
TOKYO, Sept 27 (Reuters) - Asian shares slipped to three-week lows on Friday as the release of a whistleblower complaint against U.S. President Donald Trump added to worries about the global economy, already reeling from the China-U.S. trade war.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost 0.35%, having fallen 1.65% so far this week, while Japan's Nikkei .N225 slid 1.30%.
U.S. S&P 500 futures ESc1 fell 0.13% in Asian trading after the index dropped 0.24% on Thursday.
European shares are expected to fare slightly better, with
pan-European Euro Stoxx 50 futures STXEc1 up 0.17%, German DAX futures FDXc1 rising 0.12% and FTSE futures FFIc1 up 0.1%.
A whistleblower report released on Thursday said President Donald Trump not only abused his office in attempting to solicit Ukraine's interference in the 2020 U.S. election for his political benefit, but that the White House tried to "lock down" evidence about that conduct. report came after the Speaker of the U.S. House of Representatives Nancy Pelosi launched an impeachment inquiry into him this week.
"The start of the impeachment inquiry adds a new element of uncertainties to markets, in addition to ongoing concerns about the U.S.-China trade war and the risk of a U.S. recession," said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley (NYSE:MS) Securities.
"While no one thinks the Senate will vote for his impeachment given the Republican majority there, we could see more new revelations during a long investigation process," he added.
On trade issues, news headlines were too mixed for investors to show a clear reaction.
CNBC reported that trade war talks were scheduled for Oct. 10-11 in Washington, citing people familiar with the arrangements, and China's top diplomat said China was willing to buy more U.S. products. other media reports on Thursday that the United States is unlikely to allow American firms to supply China's Huawei Technologies HWT.UL undermined hopes of a complete deal between the countries. damage is already evident as Micron Technology Inc MU.O , a major Huawei supplier, forecast first-quarter profit below Wall Street targets, pushing its share prices down 7% in after-hours trade. in turn hit chip-related shares in Asia such as Samsung Electronics 005930.KS , SK Hynix 000660.KS and Tokyo Electron 8035.T .
"Technology is at the heart of the confrontations between the U.S. and China. And the risk of sudden policy changes by the Trump adiministration is keeping markets on edge, even though the world's chip sales have clearly bottomed out," said Hiroshi Watanabe, economist at Sony Financial Holdings.
In the currency market, the euro hovered near a 2-1/2-year low amid concerns about sluggish growth in the currency bloc, with rising fear of recession in its biggest economy, Germany.
The euro stood at $1.0922 EUR= after earlier falling to $1.0904, the lowest since May 12, 2017.
The gloomy outlook in Europe was in contrast to the United States, where despite some pockets of weakness -- such as manufacturing and consumer sentiment -- growth remained relatively robust, with the jobless rate at the lowest in nearly 50 years.
Some market participants suspect the dollar was also helped by continued tightness in dollar funding after U.S. short-term borrowing costs shot up last week.
The dollar traded at 107.67 yen JPY= , down slightly after climbing to 107.96 on Thursday.
Sterling traded at $1.2330 GBP=D4 , near two-week low of $1.2303 hit on Thursday, as investors waited for the British parliament's next attempt to break the Brexit impasse.
The Mexican peso weakened to a 2-1/2-week low of 19.680 to the dollar MXN= after Mexico's central bank cut its key interest rate on Thursday, with more cuts seen on the horizon. prices fell on Friday as signs of the rapid return of output from Saudi Arabia, the world's biggest exporter, after a Sept. 14 attack on its production facilities reduced concerns about potential supply disruptions.
Brent crude LCOc1 futures fell 0.89% to $62.18 a barrel but stayed above Wednesday's low of $61.23, while U.S. West Texas Intermediate (WTI) crude CLc1 lost 0.57% to $56.08 per barrel, off their low of $55.41 on Thursday.