Asian equities rise as North Korea tensions face new sanctions phase

Asian equities rise as North Korea tensions face new sanctions phase

On Tuesday, Asian equities managed to gain because market participants monitored the Korean peninsula for probable reaction by Pyongyang to newly-imposed UN economic sanctions.

The Nikkei 225 rallied 1.05%, the Kospi in South Korea reported 0.12% jump. Additionally, in Australia, the S&P/ASX 200 rallied 0.72%. As for the Shanghai Composite, it soared 0.07%.

The fresh UN sanctions on crude exports to North Korea happen to be relatively moderate especially compared with the authentic US proposal as for crude exports. So it can hardly affect the operations of the North Korean military, as some experts state.

Overnight, American equities concluded steeply higher because the fallout from Hurricane Irma didn’t happen to be as terrible as anticipated after on Monday Irma was downgraded to a tropical storm, while relieving geopolitical uncertainty on the Korean peninsula backed market sentiment.

Similar

Asian equities head north

On Tuesday, Asian markets managed to rally, with Apple suppliers outperformed right after the American tech company filed an appeal for the purpose of overturning a sales ban of some of its smartphones in China…

EU equities slump

On Monday, escalating US-Chinese trade tensions impacted European equities due to the fact that market participants fled risk at the beginning of a highly uncertain week, with the UK’s parliamentary vote on Brexit looming too as well as chemicals shares…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

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