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.
Trading floors continue to be flooded with uncertainty as Russia’s war in Ukraine rages, with comments from Vladimir Putin that there were “positive developments” in talks with Kyiv unable to provide…
