North Korea fired what could be a ballistic missile – Japan Coast Guard

Dhwani Mehta FXStreet

North Korea fired a suspected ballistic missile off its east coast on Wednesday, the Nikkei Asia Review reported on Wednesday, citing the Japanese Coast Guard.

Meanwhile, South Korea reported the launch of an unspecified projectile.

No other details are provided on the same, thus far.

Market reaction

The Asian markets are in a bit of a risk-off mood in early Tokyo dealings, with the S&P 500 futures dropping 0.17% on the day, as of writing.

Investors reassess the Fed rate hike outlook amid growing Omicron cases worldwide.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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