Global Stocks Rise On Strong Economic Data, Dollar Set To End Streak Of Monthly Declines
It's groundhog day as S&P futures, European and Asian shares all rise overnight, while the dollar is set to .
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North Korea
If Korean War Breaks Out, Seoul Will Send Special Forces To Assassinate Kim Jong-Un
Confirming reports that first floated several months ago, the Telegraph reports that South Korea is preparing to send special forces units into Pyongyang to conduct a "clinical strike" - searching for, and taking out Kim Jong-un and his closest advisers, in the event that North Korea should start a conventional war. The plan is among the revisions being made to South Korea's latest strategy for dealing with an attack from the North.
Trump Finally Breaks His Silence On North Korea: "Talking Is Not The Answer!"
Following the latest missile launch from North Korea, which sparked panic as it flew over Japan before splashing down in the Pacific, Trump remained noticeably silent on the topic...until now. In a new tweet this morning, Trump has finally broken his silence saying "talking is not the answer!" to solve the North Korea crisis.
"The U.S. has been talking to North Korea, and paying them extortion money, for 25 years. Talking is not the answer!"
World Stocks Rebound, Dollar Rises As Korea Nuclear War Fears Recede
S&P futures are higher in early Wednesday trading, alongside Asian stocks and European bourses, both solidly in the green as the EURUSD drifts below the 1.20 "redline" while the dollar rebounds off a two and a half year low following the US "measured" response to North Korea’s missile test, which soothed jittery investors who now turn their focus to US economic data. Equity indexes in Japan, Hong Kong and South Korea also rose while 10Y US Treasuries are steady before the release of ADP employment and GDP data, both of which are expected to show an increase.
Nikki Haley: "Something Serious Has To Happen... Enough Is Enough"
While we are confident that both Trump and Kim would be delighted to just keep trading insults at each other for the indefinite future, even as North Korea launches the occasional ballistic missile, that time may be over. Speaking at the UN, the US Ambassador to the United Nations Nikki Haley said on Tuesday that North Korea’s launch of a missile over Japan was “absolutely unacceptable and irresponsible” and that the Security Council now needed to take serious action.