Russian Ambassador Zinoviev says US-South Korea drills are not positive for the Korean Peninsula

The remarks from the Russian Ambassador suggest heightened tensions regarding US-South Korea military drills, which could lead to increased regional instability. This dynamic may impact risk sentiment broadly, potentially supporting safe-haven assets like gold and the yen, while pressuring currencies linked to riskier assets such as the USD. Traders should monitor how prolonged geopolitical stress influences commodity prices and the forex market.