Asian markets were mostly lower on Monday as a positive lead from Wall Street was trumped by fears over the growing crisis in Iraq that has sent oil prices to nine-month highs.
The uncertainty fuelled by the insurgency that has seized a swathe of Iraq sent traders into safer assets, with the yen ticking higher against the dollar and the euro while gold also rose.
Tokyo fell 0.65 per cent, Hong Kong was 0.13 per cent lower, Sydney slipped 0.27 per cent and Seoul was 0.12 per cent down. However, Shanghai was 0.14 per cent higher following another batch of upbeat economic data last week.
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