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China Market Update: Risk Off On Middle East Tensions & Trade Data, Week In Review

Asian equities ended the week with a thud, with Indonesia and Pakistan closed for Eid al-Fitr. The US dollar was a wrecking ball overnight, causing the Asia Dollar Index to decline by -0.19% as the South Korean Won underperformed by -0.89% overnight, with the US 10-year Treasury yield over 4.5%.
South Korea Hong Kong Ping An South Korean Kweichow Moutai Janet Yellen
Source: forbes.com

China extends hands to both Koreas in diplomatic dance

China is delicately navigating a diplomatic tightrope on the Korean Peninsula by simultaneously reaching out to both South and North Korea, amid the growing alignment between Russia and North Korea, and alongside heightened cooperation among South Korea, the United States and Japan. China has swiftly advanced its diplomatic agenda on the peninsula by agreeing to hold a long-stalled trilateral summit involving South K...
United States North Korea Pusan Gwangyoksi South Korea Soult Ukpyolsi Republic Of Korea

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