Well, US experts did warn that North Korea could conduct another missile test "within days", and for once, US experts were right, because moments ago Yonhap reported citing South Korea's Joint Chiefs of Staff, that after a two and a half month hiatus, North Korea has fired a ballistic missile, the first such launch since September 15.
According to the report, the missile flew eastward and the South Korean military is analyzing details with the U.S., it said. Japan's coast guard confirmed in an email that North Korea fired a missile, which fell in the sea near Japan.
In response, USDJPY has tumbled and gold surged, while stocks, as usual, completely ignore all geopolitical, and any othem, news.
Developing