Asian equities ascend as NKorea seems to scale back on Guam threat

Asian equities ascend as NKorea seems to scale back on Guam threat

On Tuesday, Asian equities posted revenues in a light regional trading day, with North Korea apparently drifting away from its recent threats to fire ballistic missiles at the US territory of Guam.

The Nikkei 225 rallied 1.27%, the S&P/ASX 200 managed to jump 0.71%. As for South Korean markets, they were unavailable for a holiday.

The Shanghai Composite edged up 0.64%, the Hang Seng grew 0.29% in Hong Kong.

Overnight, Wall Street concluded higher because North Korea tensions relieved, thus raising demand for risker assets ahead of earnings from Home Depot as well as Wal-Mart due later this week.

Technology along with financial equities lead broad move higher in American stocks because market participants piled back into stocks, reacting to the previous week’s tumble, after US Defense Secretary Jim Mattis and also Secretary of State Rex Tillerson understated the overall risk of a war conflict on the Korean peninsula.

Similar

Latest news

No More US Debts in Sight
No More US Debts in Sight

The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera