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Russia’s MOEX plummets as markets around the world react to the Ukraine crisis

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The Russian MOEX Stock index is down by at least six percent in early trading

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The ongoing crisis between Russia and Ukraine is pushing markets right across the world into the red

Earlier Asian shares tumbled following the announcement from President Putin that troops had been ordered to enter eastern Ukraine.

US markets have been closed for presidents day and it is anticipated Wall Street will open lower.

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