Risk sentiment gets hurt by rising tensions in the region
Latest news is that Pakistan has shot down two Indian aircraft and arrested one of the pilots. The Pakistan army is claiming that it struck the targets from their own airspace.
Asian stocks are taking a bit of a hit with Chinese stocks now falling to session lows and have turned negative on the day. India's major bourses are also reflecting similar sentiment as they reverse gains following the air strike news.
It's been a while since geopolitical tensions but this has been a risk factor all week and one that musn't be ruled out when trading risk assets. Eamonn had earlier news on this since yesterday:
