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North Korea movement impacts and the response of US economy to that (2015-10-31)

North Korea movement impacts and the response of US economy to that

According to Reuters, Asian stock exchange started with a combination of ascending and descending process on Wednesday, while US dollar faced increment due to speculation over the progress of US tax reform plan.
The main reason for the cautious process of Asian stock exchange is recent movements of North Korea’s missile tests and concerns about weak process of China stock exchange. Meanwhile, the average Asian-Pacific stock exchange in the area outside of Japan experienced a slight of descending process and China CSI300 stock exchange dropped by one percent which is the symbol of large companies.
But in Japan, the Nikkei stock exchange and Australian main stock exchange started working each one by 0.4 and 0.5 percent ascending regularly.
Also in the Wall Street exchange of the USA, the “S&P 500”, “Dow Jones” and “NASDAQ” exchanges represented the best daily performance at the end of the transactions of yesterday, each one by ascending 0.99%, 1.09% and 0.49% regularly after March 1th, 2017.
In the United States, it seems that republicans tended to adopt a tax reform bill; Whilst consumer confidence index in United States has reached to its highest level in almost 17 years, these two problems caused increment of dollar’s value.

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