Japan's Coast Guard Said Projectile Believed To Be North Korea-Fired Ballistic Missile Has Already Fallen
Portfolio Pulse from Charles Gross
Japan's Coast Guard reports that a projectile believed to be a North Korea-fired ballistic missile has fallen. This may cause increased geopolitical tensions in the region.
June 15, 2023 | 10:53 am
News sentiment analysis
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NEGATIVE IMPACT
Increased geopolitical tensions due to North Korea's missile activity may negatively impact Japan-focused ETF, EWJ.
The news of a North Korea-fired ballistic missile falling increases geopolitical tensions in the region, which may lead to a negative impact on Japan-focused ETF, EWJ, as investors may become more cautious.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
South Korea-focused ETF, EWY, may be negatively impacted by increased geopolitical tensions due to North Korea's missile activity.
The news of a North Korea-fired ballistic missile falling increases geopolitical tensions in the region, which may lead to a negative impact on South Korea-focused ETF, EWY, as investors may become more cautious.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The North Korea-fired ballistic missile may cause increased geopolitical tensions, potentially affecting the broader market and SPY.
The news of a North Korea-fired ballistic missile falling increases geopolitical tensions in the region, which may lead to a negative impact on the broader market, including SPY, as investors may become more cautious.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50