The Traderszone Network

Published in TZ Latest News 17 August, 2014 by The TZ Newswire Staff

Asia shares up but gains limited as Ukraine sours mood

Asian stocks eked out gains on Monday after seeing Wall Street recover from the latest round of tensions in the Ukrainian crisis, although renewed uncertainty over the volatile conflict put a firm lid on markets. The dollar was on the back foot against the safe-haven yen, weighed by a slide in Treasury yields. Still, with the four-month conflict reaching a critical phase over the weekend – Kiev and Western governments are nervously watching if Russia will intervene in support of the increasingly besieged rebels in eastern Ukraine- risk appetite was subdued.

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