GLOBAL MARKETS-Asia Shares Becalmed, Dollar on Back Foot

GLOBAL MARKET. SYDNEY. Asia share markets were becalmed by a Wall Street holiday on Monday while the dollar nursed losses suffered after a weak U.S. retail sales report rekindled wagers for two rate cuts this year.

Geopolitics remained in focus with reports that talks on the Russian-Ukraine conflict will begin in Saudi Arabia this week, though the participants are not entirely clear.