65GEOPOLITICS
⚡ Markets: While a routine provocation, missile launches increase regional tension, potentially weighing on South Korean and Japanese equities and currencies (KRW, JPY). Defense sector stocks in the region may see a slight bid.KOSPIUSDKRWUSDJPY
North Korea fired several short-range ballistic missiles toward the sea off its east coast, according to South Korea's military. The launches occurred a day after the US, South Korea, and Japan concluded joint military exercises, which Pyongyang views as a provocation.
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