US Navy: Carrier group entered South China Sea on June 14

Dhwani Mehta FXStreet

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.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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