Asia UnhedgedReal-time intel on what moves markets
Southeast Asia stocks mostly flat as North Korea concerns persist
French election results provided relief, but fears of another North Korean nuclear test remain
There was little movement in Southeast Asian markets on Monday, amid continued geopolitical anxiety, reports Reuters.
- A US carrier strike group is finally en route to waters off the Korean Peninsula, a move North Korea considers a provocation.
- South Korea announced possible joint drills with the US contingent of ships.
- North Korea will commemorate the 85 th anniversary of its military’s founding, which in the past has coincided with weapons tests.
- Sentiment was further dampened as China stocks plunged in a sign that Beijing is willing to tolerate more volatility while China cracks down on speculative trading and shadow banking activities.
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