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Asia Markets: Asian markets jolted by North Korean missile test over Japan

Investors sought out havens, boosting assets such as the Japanese yen, gold and U.S. Treasurys, after North Korea fired a ballistic missile over Japan for the first time since 2009.

The launch represented an “unprecedented, grave and serious threat” to Japan, said chief government spokesman Yoshihide Suga.

Asian stocks were lower across the board in early trading, led by declines in South Korea and Australia.

The launch jolted a market that was largely listless around the world on Monday, aside from energy-related futures, as Tropical Storm Harvey battered oil-hub Texas.

Read: Dow futures fall following North Korean missile test

The yen rose nearly 1% versus the dollar JPYUSD, +0.366529% in the first several hours after the launch, with the greenback briefly falling to around ¥108.35.

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