Asian shares weakened, carrying forward the weak sentiment in the US overnight. The US dataflow was firm, both the employment trends index and US consumer credit were solid, but had little impact on the market as reemergence of Ukraine tensions captured the headlines. Wall Street fell with the DJIA and the S&P 500 indices losing -1.02% and -1.08% respectively. European shares were also lower as the ECB downplayed QE imminence.
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Sentiment Dampened amidst Concerns over Russia’s Invasion in Ukraine
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