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Investors are selling shares on the background of the news from North Korea

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Investors are selling shares on the background of the news from North Korea
August 09
09:00 2017

The world is in suspense because of the worsening of relations between the Democratic People’s Republic of Korea and the United States of America. North Korean insiders report that the official Pyongyang absolutely seriously considers the plan of attack on military bases on the island of Guam. First of all, Andersen, the military base of the US Air Force, which is the place of strategic bombers, will be subjected to an attack. It is planned to implement militaristic plans with the help of Hwasong-12 missiles.

Donald Trump, President of the United States, reacted quite strongly, in his characteristic manner, to the threats from North Korea. He said that in response to the threats and actions of Pyongyang, the USA would return fire and fury, which had never been seen by the world before. He also condemned the conduct of Kim Jong-un, the leader of the DPRK.

The joint exercises of the troops of Japan and the United States have become the reaction to the aggression of the PRC. The exercises took place near the airspace of the Korean peninsula.
The Asian markets are in a real panic against the backdrop of the growing tension of the global geopolitical situation. There is a massive sale of shares and an explosive growing interest in safe assets (such as gold and yen, for example).

The Kospi index (South Korea’s stock index) has fallen by 1%, the Nikkei index (Japanese stock index) has declined by 1.4%; the US indices are reducing the price.
Gold has risen in price to $ 1264.7 per ounce. The yen has grown to 109.94 for 1 US dollar. The rising interest in safe assets will continue.

The material was prepared with the participation of Andrey Majorov,
a leading analyst of the brokerage company CT Trade

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