Ukraine Tension sees Asian Equities Choppy

Asian shares wavered in choppy trade on Monday after an uninspiring performance on Wall Street and amid increasing tension in Ukraine, which kept risk appetite in check and helped bolster the safe-haven yen.

Pro-Russian rebels paraded European monitors they are holding in eastern Ukraine on Sunday, freeing one but saying they had no plans to release another seven as the United States and Europe prepared new sanctions against Moscow.

MSCI’s broadest index of Asia-Pacific shares outside Japan oscillated between positive and negative territory, and was last trading flat.

Reuters

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