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60GEOPOLITICS

North Korea conducts large-scale firepower drill involving ballistic and cruise missiles

⚡ Markets: Contributes to regional risk premium, potentially weighing on South Korean equities (KOSPI) and the won (KRW). Bullish for Japanese and US defense contractors focused on missile defense.KOSPIUSDKRWdefense_stocks

North Korean state media reported the country conducted a strike drill involving various assets, including cruise and ballistic missiles, drones, and multiple-launch rocket systems. The drill is the latest in a series of military actions by Pyongyang, maintaining tensions on the Korean Peninsula.

West MSM: noneNon-West State 1Regional 22 countries
3 sources across the spectrum
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