S. Korea Defence Ministry: North Korea fired an unidentified projectile
|South Korean Defence Ministry released a statement in the last minutes, via Reuters, citing that North Korea fired an unidentified projectile.
Jiji News reported that Japanese government, saying that the projectile did not land in Japan’s territory or Exclusive Economic Zone (EEZ), per Reuters.
Market reaction
The risk recovery momentum seems to have stalled on the above headlines, as the US equity futures pare back gains while USD/JPY retreating towards 108.00. The anti-risk yen is drawing fresh bids, with the Japanese stocks off the session highs.
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