North Korean Missile Crisis

Markets fall after Trump threatens North Korea with '"fire and fury"

President Trump has entered into a test of wills with North Korean leader Kim Jong Un and it's escalating due to both men's desire to project strong leadership.

Trump has threatened North Korea with "fire and fury" over the communist state continued threats, whilst North Korea have responded with threats to send four missiles toward Guam while ridiculing Trump for spouting "a load of nonsense."

Until now the markets have generally ignored the rising tension, however the recent events have changed, firstly in the last week or so there has been an escalation in rhetoric and the perceived threat level. Second, this scenario is taking place during a stalling in the China-led economic upswing, and this has led to US stocks fell sharply on Tuesday and into Wednesday creating some excellent trading opportunities, which could continue into the coming weeks.

Read the full report: http://www.yadix.com/forex-trading-community/announcements/North-Korean-missile-crisis/ 

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