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Equities drop as traders keep wary eye on Middle East crisis
Equities drop as traders keep wary eye on Middle East crisis
Economy
by  AFP

Asian markets extended last week's sell-off Monday on fears of a regional conflict in the Middle East and worries that US interest rates will remain elevated for longer than initially thought. "The main question dominating global financial markets, particularly for Asian capital markets, is whether the sell-off in US Treasuries will subside or persist," said Stephen Innes of SPI Asset Management.