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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Most Asian Markets Down as Traders Track Ukraine Invasion

File: Traders looking at stock exchange graphs. AFP/Jung Yeon-je

Asian markets mostly fell Monday as traders track developments in the Ukraine war and diplomatic efforts to bring the crisis to an end, while this week's Federal Reserve meeting is in focus as it prepares to start lifting interest rates.

Oil prices dropped, providing some respite after they soared to a near 14-year high last week, though the commodity remains elevated around $110 and keeping upward pressure on inflation, AFP said.

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