Analysts at UOB Team discussed that the current market will also be retaining an eye on developments in the Korean peninsula.
“North Korea navy will mark the eighty fifth anniversary of the founding of the Korean People’s Army on Tuesday which could see them exam-launching a missile.”
“In the meantime, the ongoing joint U.S.-South Korea navy drills are because of to entire at the stop of April, and a U.S. aircraft provider strike group, led by the USS Carl Vinson, is also heading toward the Korean Peninsula.”
“Two Japanese warships will sign up for the USS Carl Vinson for the education exercise. US Secretary of Condition Rex Tillerson will chair a exclusive assembly of the UN Protection Council to emphasis on North Korea’s nuclear program afterwards this week.”