* Asia ex-Japan up 0.5 pct; Nikkei slips 0.1 percent
* Tech stocks drag Wall Street lower for second straight day
* European markets set for positive start
* Canadian dollar extends gains on hint of unexpected rate hike
* Dollar little changed with Fed rate hike this week priced in
* Oil inches up as Saudi Arabia restricts supply
By Nichola Saminather
SINGAPORE, June 13 (Reuters) - Asian stocks rebounded on Tuesday despite a further slide in U.S. tech shares, while the Canadian dollar soared on the possibility interest rates might go up sooner than expected.
European stocks markets were also poised to recover from Monday's sell-off, with financial spreadbetter CMC Markets expecting Britain's FTSE to open 0.4 percent higher, Germany's DAX to rise 0.2 percent and France's CAC 40 to start the day up 0.1 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, recouping about half of the previous session's losses as regional tech shares regained their composure.
The MSCI Asia Pacific Information Technology index steadied, after sliding 1.4 percent on Monday.
Some analysts had predicted Asian tech shares would not see as intense a selloff as their U.S. peers as their valuations were less stretched.
"Comparatively, valuations for the IT sector in the Asia Pacific region are less expensive compared to the U.S., which may be why we're not seeing the situation further aggravate for a second session," said Jingyi Pan, market strategist at IG in Singapore.
"Moreover, we have also seen the market buying into the sector following the initial drop on the S&P 500 index in Monday’s session. This shows that there remains market interest in this sector, which has outperformed in terms of Q1 earnings."
Japan's Nikkei slipped 0.1 percent.
South Korea's KOSPI gained 0.5 percent, with the biggest stock Samsung Electronics up 0.5 percent after Monday's 1.6 percent slump. Naver Corp. and LG Innotek, which led Asian losses on Monday, were flat and 1.3 percent higher, respectively.
Taiwan's tech-heavy benchmark index added 0.3 percent, with the biggest company, Taiwan Semiconductor Manufacturing Co. little changed.
Major Apple supplier Hon Hai Precision Industry slipped 0.5 percent, but that was a moderation from Monday's 2.9 percent slump.
Hong Kong's Hang Seng gained 0.4 percent and Chinese shares climbed 0.3 percent.
On Wall Street, tech giants including Apple, Alphabet, Facebook and Microsoft were sold for the second consecutive day on Monday.
That dragged the Nasdaq down 0.5 percent, the S&P 500 0.1 percent and the Dow Jones Industrial Average 0.2 percent.