Asian shares rose and the dollar held firm on Wednesday after Wall Street shot to record peaks amid signs of progress on US tax cuts, upbeat economic data and bank-friendly comments from the would-be head of the Federal Reserve.
There was no obvious market reaction to the latest missile test by North Korea. President Donald Trump said the United States “will take care of” the North Korea issue and the approach to dealing with Pyongyang would not change.
The missile was launched from Sain Ni, North Korea, and traveled about 1000 km before splashing down in the Sea of Japan, within Japan’s Economic Exclusion Zone (EEZ).
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