Asian Markets Slip with FED’s Timeline Draws Near and Added Ukraine Concern

Asian markets slipped on Monday as timeline for Federal Reserve to drain out massive liquidity draws near along with added concern in the Ukraine.

Concerns about a possible Russian attack on Ukraine, the U.S. State Department pulling out family members of its embassy staff in Kyiv.

Earlier, The New York Times reported President Joe Biden was considering sending thousands of U.S. troops to NATO allies in Europe along with warships and aircraft.

MSCI broad market index Ex Japan slipped by    1.15% with KOSPI drawn down to 1.79% and HSI down by 1.14%.