Asian stock benchmarks fell on Tuesday as investors reflected the implications of the potential of Russian invasions that were near Ukraine.
The most extensive MSCI Asia-Pacific stock index outside Japan fell 0.4% in early regional trade after the stock market in the United States and Europe lost land on Monday.
Japanese Nikkei fell 0.2% while in Australia, S & P / ASX200 fell 0.32%.
Hong Kong’s Hang Seng Index fell 0.52% at the beginning of the session, although the China CSI300 index slapped the trend and rose 0.2%.
“Geopolitical risk will be a clear drivers of sentiment for the market this week,” said Marcella Chow, a global market strategist at JPMorgan Asset Management.
“The wider risk appetite between investors will be under pressure and as a result we hope to see flights to a safe place in gold, US. Dollar and long-term treasury.”
Last night, the average Dow Jones industry fell 0.49%, the S & P 500 lost 0.38% and the Nasdaq composite was basically flat, lost only 0.24 points.
Oil was shot to the highest level in seven years at A.S. Trade on Monday on Russian-Ukrainian tension but slightly weakened during the Asian session.
The United States warns on Monday that Russia can immediately attack Ukraine. State Secretary Antony Blinken said Embassy A.S. will be moved from Kyiv to Lviv, quoting “dramatic acceleration of the buildup of Russian troops”
“There are concerns about the possibility of the biggest military acts in Europe since the Second World War,” said James Rosenberg, El & C Baillieu Financial Advisor.
“So far, the market just keeps the eyes alert and doesn’t seem to have much impact. It can change dramatically if Russia attacks Ukraine.”
The seven groups of major economies (G7) warned “economic and financial sanctions that will have large and direct consequences for the Russian economy”.
Global Index Provider MSCI Inc. said he was monitoring developments in Ukraine and access to the Russian equity market.
The results on the 10-year benchmark of the treasury record were at 1.9753% compared to the lid of 1.996% on Monday. The two-year yield, which rose with the expectations of traders against the Fed Fed level higher, touched 1.562% compared to A.589%.
Apart from Russian-Ukrainian tension, the futures market still points to the possibility of the Federal Reserve interest rate at the March meeting.
“The global financial market is trapped in a clamp movement between Geopolitics (Ukraine) and high inflation,” the ANZ economist in the record Tuesday.
Crude Oil M.S. Down 0.61% to $ 94.88 a barrel during the Asian session after exploring seven years high. Brent crude fell 0.4% at $ 96.12 per barrel.
Gold is slightly higher. Spot Gold traded at $ 1,870.92 per ounce.
