N. Korea Said It Launched Space Rocket In Early Hours Of Thursday; Said Accident Happened During Second Spy Satellite Launch -
Portfolio Pulse from Charles Gross
North Korea announced it launched a space rocket in the early hours of Thursday, with an accident occurring during the second spy satellite launch, according to Reuters citing KCNA.
August 23, 2023 | 9:18 pm
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NEGATIVE IMPACT
The launch by North Korea may increase geopolitical tensions in the region, potentially affecting Japanese markets.
Geopolitical tensions often lead to market volatility. As Japan is in the same region, its markets, including EWJ, may be affected.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The launch by North Korea may increase geopolitical tensions in the region, potentially affecting South Korean markets.
Geopolitical tensions often lead to market volatility. As South Korea is in the same region and has direct relations with North Korea, its markets, including EWY, may be affected.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The launch by North Korea may increase geopolitical tensions globally, potentially affecting US markets.
Geopolitical tensions often lead to global market volatility. As the US is a major global player, its markets, including SPY, may be affected.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60