The state of the Asian market

Bidding in Asia is in the main advantage, which facilitates the purchase of US currency. The reason for the growth of the optimism in the market was data on the advance of the consumer price index in China, which slightly accelerated runup in September. The strengthening of the dollar is also supported by the Friday’s optimism on the market.

Despite the positive dynamics, the American remains limited due to mounting fears over North Korea. The probability of another missile test by the DPRK has increased dramatically, which is confirmed by the South Korean media. The reason for such actions were joint exercises of the United States and South Korea near the coast of the DPRK. As a result, the situation on the Korean peninsula remains extremely tense, given the constant provocations by the DPRK.

Ganzenko Anton