Markets may have shrugged off the audacious US capture of Venezuelan President Nicolas Maduro, but some investors warn that geopolitical risks are perhaps being underestimated after Donald Trump threatened further action in the Americas. Investors held their nerve, with stocks in Asia surging and oil prices down modestly although safe-haven flows lifted gold prices, after President Trump said the US would take control of the oil-producing nation. “We’re being reminded that geopolitical risks are much larger than some number cast on imports,” Vishnu Varathan, head of macro research for Asia Ex-Japan at Mizuho Securities in Singapore, told Reuters news agency.
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