Korean artillery fired on international financial markets

Source: Internet
Author: User
Keywords International financial
November 23 Afternoon news, the South Korean island of Yeonpyeong Sea on the day around 14:30, the two sides of the artillery shells "mutual shooting." Affected by this, Seoul financial markets have been closed.  International currencies, stock markets and futures markets were shaken. South Korea's central bank meets in an emergency, the central bank said 23rd that it is convening an emergency meeting of senior officials to assess measures to deal with possible financial market turmoil triggered by North Korean artillery shells.  A spokesman for the South Korean central bank said officials would meet soon to discuss measures to deal with the domestic market turmoil that the incident could trigger. After the firefight, South Korea's financial market has closed. The won fell sharply against the dollar, closing down about 1% to 1137.5 won against 1 dollars.  The won has fallen more than 4% per cent against the dollar in one-year ndf in overseas markets without principal delivery. Asia-Pacific stock market fell after the "mutual shooting" incident, still trading in the Asia-Pacific major stock markets have some degree of panic. Affected by the incident, 23rd, in addition to the rest of the day, Asia-Pacific major stock markets fell. As of the close, the common stock index of the Australian exchange was closed at 4676.9 points, down 54.9 points, or 1.16%. South Korea's Seoul composite index reported 1928.94 points, down 15.4 points, or 0.79%. The New Zealand 50 index received 3258.77 points, down 37.86 points and a decrease of 1.16%. The Taiwan weighted index received 8330.15 points, down 44.76 points, or 0.53%. Hong Kong's Hang Seng index sharply hit the afternoon opening.  As of the close, the Hong Kong index reported 22895.1 points, down 627.9 points and a 2.67% decline.  The dollar rose sharply at the same time, the dollar was propped up by risk aversion and rose sharply against non-US currencies. In the wake of Asian currency markets, clashes between the Koreas led to a rise in geopolitical risk that pushed the dollar higher. After the announcement, the dollar quickly climbed.  The dollar, buoyed by risk aversion, rose sharply against non-US currencies, especially against the yen, which soared from 83.45 to 83.83 and then gradually fell. The dollar rose 0.4% against a basket of currencies. The dollar index rose to 79.07 from 78.77 before the shelling. 1-month won offshore NDF (no principal delivery forward) exchange rate plunged.  The dollar surged against the yen (83.41,0.1300,0.16%) as of 14:45 and USD/JPY 83.73/75.  Traditionally safe haven ——— US 10-year Treasury bond futures Rose 0.4%, and the S & P 500 stock index fell 0.9% today.  Gold prices have risen in the hedge. In addition, gold prices have risen somewhat since the event. As a result of safe haven buying flocked, pushing the international gold price back to 1360 dollars/ounce above. Asian market early, international spot gold had fallen below 1360 dollars. 15:20, International Spot gold report 1369.82 USD/ounce.
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