Asian stock markets fall as Ukraine-Russia tensions increase

<p>Asian Markets were down today on geopolitical concerns.</p>

Asian shares fell again today (August 6th) amid worries that the conflict in Ukraine could escalate. Asian traders were following the lead of Wall Street, which dropped after news reports of a buildup of Russian troops on the Ukraine border.

Polish foreign minister Radoslaw Sikorski has said Russia is poised to invade or militarily pressure Ukraine's eastern border. 

Tokyo's Nikkei fell 1.05 per cent to close at 15,159.79, while Sydney lost 0.12 per cent to finish at 5,512.0. Seoul was down 0.27 per cent to 2,060.73 and Shanghai slipped 0.11 per cent to close at 2,217.47.

"If Poland is indeed right that Russia is about to increase its presence in the east of Ukraine, buyers of all things risk will disappear fast as this is an indefinable outcome for markets," IG strategist Evan Lucas told Dow Jones Newswires.

Learn about the Asian markets and CFD trading at City Index.

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