After an unexpected tech stock selloff and intense rhetoric from Pyongyang, European markets were down this morning. Reuter News adds that:
The pan-European STOXX 600 fell 0.1 percent with most European bourses and sectors in negative territory. Energy outperformed, boosted 0.6 percent by a rise in oil prices that followed a threat by Turkey to cut crude flows from Iraqi Kurdistan.
North Korea’s renewed fervor may be from this weekend’s American air sortie near the countries waters. Reuters reports that “sabre-rattling over Korea also kept a lid on gains after Pyongyang accused Washington of declaring war, though the impact of the escalating rhetoric remained modest.” Still, the sense of danger is at an all time high and effects on the market have already begun to show.
Take some time to evaluate your exposure to events such as these, especially as the Korean issue shows no sign of letting up. To read more, go to reuters.com, and if you would like more updates like this, sign up for our free newsletter.
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