# Markets on Edge in Seoul as Trump Escalates North Korea Warnings - Bloomberg

> South Korea's stocks and currency fell after President Trump warned that North Korea would face a devastating military strike if it continued threatening the US. The Kospi index closed down 1.1 percent and the won weakened 0.9 percent against the dollar. The 10-year bond yield rose to its highest since issuance in March.

- Date: 2017-08-09 · published 2017-08-09T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude medium
- Page: https://feedsoft.ai/events/69687-markets-on-edge-in-seoul-as-trump-escalates-north-korea-warnings-bloomberg
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Rising military risk on the peninsula weakens the won and lifts the dollar cost of imports for South Korean feed buyers. It also adds risk-off pressure that can spill into broader emerging-market currencies.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-08-09/south-korea-stocks-won-drop-after-trump-s-fire-fury-warning

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.