World stocks hit 3-week lows, oil rises on Russia-Ukraine fears
Zee News
Kyiv and the West fear that a border incident near eastern Ukraine could be used as a pretext for Moscow to attack its neighbour. Russia denies such plans.
New Delhi: Global stocks hit three-week lows and oil rose on Monday as worries increased that Russia will invade Ukraine.
Russian forces killed a group of five saboteurs who breached the country`s southwest border from Ukraine on Monday, news agencies quoted the military as saying, an accusation that Kyiv dismissed as the latest in a series of fakes.
Kyiv and the West fear that a border incident near eastern Ukraine could be used as a pretext for Moscow to attack its neighbour. Russia denies such plans.
Markets are on high alert for any escalation in the crisis.
MSCI`s world equity index fell 0.4% to 700.11, with Monday`s public holiday in the United States, which will keep Wall Street closed, thinning trade and adding to the volatility.
