The sell-off following a North Korean artillery attack has been muted.
Nomura's Alastair Newton said the market reaction is currently limited to Asia alone, according to Money Control.
Asian markets including Seoul were down before the attack occurred, weighed down by concerns over Irish debt and the Wall Street insider trading investigation.
By the close, all Asian markets were down except for the Nikkei.
India's Sensex crashed 600 points after the atttack, but recovered 300 points by the close.
US futures point to a lower opening, for several reasons.
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