UPDATE -South Korean defense ministry confirms North Korea nuclear test

FXstreet.com (Barcelona) - After earlier reports that South Korea was accusing its Northern neighbors of having conducted a nuclear test, initially thought to be a quake, turned out to be actually a nuclear test as first feared. Reuters put out the following headline saying that "the USGS said the epicentre was close to North Korea's known nuclear test site." Bloomberg then had its follow-up adding that the nuclear test was likely, quoting the South Korean Defense Ministry. Minutes later, the South Korean Defense Ministry itself confirmed that DPRK nuclear test was indeed conducted. South Korea is now to hold national security meeting according to Yonhap news in the next few hours. Coordinates of North Korea's '09 nuclear test were: 41.2°N 129.2°E ... The event that just happened shows the following coordinates 41.299°N 129.081°E. According to Aljazeera: "South Korea's Yonhap news agency Yonhap, citing an unnamed South Korean official, said North Korea had informed Beijing and Washington of its plans to undertake a nuclear test. It reported that the warning had been given on Monday to both capitals."