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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ASIA
- South Korea says North Korea has launched a ballistic missile toward its eastern waters - which the Japanese coastguard says has likely already fallen and NHK most recently says could have been several ballistic missiles. North Korea say the move is a countermeasure to South Korean exercises.
- It builds tensions after missile tests earlier this morning/yesterday (depending on timezone) with S Korea scrambling F-35 aircraft in response to N Korea aircraft between the two.
- Relatively little reaction despite the escalation though - USDJPY starts to belatedly dip more notably, but still up on the day having cleared 147 on US CPI.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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