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Last Updated : Sep 15, 2017 09:10 AM IST | Source: CNBC-TV18

Market getting used to launches of missiles by North Korea: Citi Private Bank

A sense of nervousness is existing in the Asian markets early this morning after North Korea fired yet another missile over Japan. In an interview to CNBC-TV18, Seth Freeman of EM Capital Management and Ken Peng, Asia Pacific Investment Strategist at Citi Private Bank shared their reading and outlook on the geopolitical crisis.


A sense of nervousness is existing in the Asian markets early this morning after North Korea fired yet another missile over Japan.

In an interview to CNBC-TV18, Seth Freeman of EM Capital Management and Ken Peng, Asia Pacific Investment Strategist at Citi Private Bank shared their reading and outlook on the geopolitical crisis.

Something like this should make global markets very concerned, Freeman said.

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On Indian markets, he said that if you are a trader then there are still opportunities to invest. Indian market and Indian economy is finally at relatively stable upward trajectory point, he added.

Ken Peng, Asia Pacific Investment Strategist at Citi Private Bank said that the latest developments from North Korea will be a headline risk for quite some time to come.

The market is getting used to the launches of missiles by North Korea and more and more investors understand that there is an insurmountable risk for any military action, he added.

For entire discussion, watch accompanying videos...

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First Published on Sep 15, 2017 09:10 am

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