Asian equities decline as mounting Korea tensions back safe-have demand

Asian equities decline as mounting Korea tensions back safe-have demand

On Friday, Asian stocks inched down steeply, affected by tough language between America and North Korea, which has drove safe haven demand.

In South Korea KOSPI lost 1.71%, Japan's Nikkei 225 went down 0.05%. Besides this, the Hong Kong index declined 1.87%, the Shanghai Composite decreased 1.60%, the Australia S&P/ASX 200 slid 1.30%.

Donald Trump warned of fury and fire earlier this week if North Korea kept threatening his country. However, on Thursday, Donald Trump didn’t consider this statement tough enough. He added that North Korea should be extremely nervous when planning the attack.  

American equities slumped after the close on Thursday because losses in the Technology, Financials as well as Industrials sectors suppressed shares.

The Dow Jones Industrial Average lost 0.93% at the close in NYSE. Meanwhile, the S&P 500 index edged down 1.45%, the NASDAQ Composite index sank 2.13%.

 

 

Similar

European equities edge down

On Thursday, except the United Kingdom, European stock markets dived in the face of everlasting worries of a proliferation of trade clashes between China and America, which appear to be the largest economies around the globe…

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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