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Tuesday, April 01, 2014 8:19:03 AM
Growing risk appetite undermined lower-risk assets that drew investors last month, at the height of the Ukrainian crisis.
German government bonds lost ground in early European trade as Italian and Spanish yields dipped back towards their historical lows.
Gold dropped to a seven-week low of $1,278.34 per ounce, despite Yellen's dovish comments.
The yen slipped to a three-week low against the dollar of 103.44 yen and a nine-month low against the risk-sensitive Australian dollar.
Crude oil futures were off three-week highs following news Russia was withdrawing some troops from the Ukrainian border. U.S. crude futures stood at $101.31 per barrel, off Friday's high of $102.24.
Copper prices hovered just off a three-week high.
"It's generally accepted that the Chinese economy is on a slowing trajectory," said James Glenn of National Australia Bank in Melbourne. "(But) we expect global demand to pick up gradually over 2014 as the advanced economies start to see some improvement."
(Additional reporting by Melanie Burton in Sydney; Editing by Larry King)
http://finance.yahoo.com/news/asian-shares-off-shaky-start-001828184.html?l=1
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