As with last year's Mumbai terrorist attacks and war in Georgia, markets remain concentrated on the next set of economic data, says John Foley on Breakingviews. Following North Korea's second nuclear test on Monday, Asian markets finished slightly higher, with South Korea's finishing flat after falling sharply earlier in the day.
Asian equities were down around 0.5% on Tuesday after North Korea fired two short-range missiles. But investors "should be wary of ignoring underlying geopolitical risks".
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