Monday 18 August 2014

Asian stocks stall as Ukraine sours mood, dollar sags | Reuters

Asian stocks stall as Ukraine sours mood, dollar sags | Reuters:



"Asian stocks stalled and the dollar sagged against the safe-haven yen on Monday, as another bout of tensions in the Ukrainian conflict sapped investor confidence. 




Spreadbetters are picking European shares, which already had a chance on Friday to absorb renewed tensions in the Ukraine, to fare better. They forecast Britain's FTSE to open as much as 0.4 percent higher, Germany's DAX 0.8 percent and France's CAC 0.6 percent.



MSCI's broadest index of Asia-Pacific shares outside Japan was effectively flat, treading water through most of the day. The index had gained 2.5 percent last week, its largest weekly rise in nearly five months."



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