ASX to fall as global stocks slip after Ukraine issues state of emergency

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Australian shares are expected to start the day lower, tracking loses on Wall Street.

The Australian dollar was flat at 72.34 US cents this morning.

In a sign of a possible Russian military onslaught, Moscow began evacuating its Kyiv embassy. A sweeping cyber attack on Ukraine's state websites added to investor worries. "I don't want to minimise that, but what it's done is exacerbate the momentum that was already in place to the downside.

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