Ukraine edged closer to a new round of hostilities after the government in Kiev said it’s resuming operations to oust militants from eastern cities and Russia pledged to defend its citizens in the neighboring country.
Emerging-market stocks fell to a one-week low after a Chinese manufacturing gauge signaled a fourth month of contraction in the world’s second-biggest economy. Indonesia’s rupiah weakened the most in a month.
West Texas Intermediate crude traded near a two-week low on signs of a manufacturing slowdown in China, the world’s second-largest oil consumer. Brent was steady in London amid concern the crisis in Ukraine may worsen.