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South Korea said North Korea's latest missile launch, a Hwasong-14 fired shortly before midnight on Friday, had little direct impact on its stock and currency markets. Authorities held an emergency meeting and pledged around-the-clock monitoring under a contingency plan.
The KOSPI opened slightly lower and the won weakened to 1,124.4 per dollar.
Geopolitical tension on the Korean Peninsula has limited direct effect on grain, oilseed or feed prices, so the market impact for feed buyers is negligible. Escalation would be a risk only if it disrupted regional trade or shipping.
koreaherald.comCatherine ChungJul 31, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
