24 Apr 2017
Watching N.Korea peninsula - UOB
Analysts at UOB Group explained that the market will also be keeping an eye on developments in the Korean peninsula.
Key Quotes:
"North Korea military will mark the 85th anniversary of the founding of the Korean People’s Army on Tuesday which could see them test-launching a missile."
"Meanwhile, the ongoing joint U.S.-South Korea military drills are due to complete at the end of April, and a U.S. aircraft carrier strike group, led by the USS Carl Vinson, is also heading towards the Korean Peninsula."
"Two Japanese warships will join the USS Carl Vinson for the training exercise. US Secretary of State Rex Tillerson will chair a special meeting of the UN Security Council to focus on North Korea’s nuclear program later this week."