A US aircraft carrier group led by the USS Ronald Reagan entered the South China Sea as part of a routine mission on June 14, the US Navy reported on Tuesday.
The Navy added: “While in the South China Sea, the strike group is conducting maritime security operations, which include flight operations with fixed and rotary wing aircraft, maritime strike exercises, and coordinated tactical training between surface and air units.”
Market reaction
The above piece of news has little to no impact on the risk sentiment so far, as the S&P 500 futures gain 0.14% to 4,250 levels while the US dollar index remains unfazed around 90.50, as of writing.
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