Japan’s Coast Guard says North Korea may have launched a ballistic missile
Newswires carrying the report
- South Korea Joint Chiefs of Staff confirming – say an unidentified projectile has landed in the East Sea (which is off the coast of the Korean peninsula)
- the missile did not enter Japanese territory nor its Economic Zone
Tensions on the Korean peninsula (such as nutjobs launching ballistic missiles) can be a positive for haven flows, USD, yen for example. Kim Jong Un may have cried wolf one too often though …. little FX response of note.