Its nearly 9am in Tokyo, soooo ... here's an early wrap!

Hey, why not? There has already been more movement than we usually get in an Asian session!

This via Reuters, they've been on the ball all weekend:

  • Japanese yen, gold and sovereign bonds all rose early on Monday as North Korea's latest nuclear test provoked the usual knee-jerk shift to safe havens
  • Futures pointed to a difficult day for global equities
  • USD was marked down as deep as 109.22 JPY at the opening, off a whole yen from late on Friday
  • But there was no follow-through selling and it was last at 109.76
  • North Korea on Sunday conducted its sixth and most powerful nuclear test
  • prompting the threat of a "massive" military response from the United States if it or its allies were threatened

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Here are the earlier posts on North Korea:

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