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Market Views: What effect will the Russia-Ukraine conflict have on Asian markets?

Lucas Cacioli
Asia’s markets have fallen in response to Russia's attack on Ukraine on February 24. We ask financial experts what else Asia Pacific markets should expect in the face of this conflict.
Market Views: What effect will the Russia-Ukraine conflict have on Asian markets?

Asian stock markets fell heavily on February 24 following Russia's invasion of Ukraine. The Hang Seng index fell 3.4%, China’s CSI 300 slumped 2.1%, Korea’s Kospi is down 2.5% and the Topix is off 1.8%. Oil prices also jumped above $100 for the first time in eight years and the price of gold also spiked.

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