South Korea and Japan Warn North Korea Against Missile Launch

South Korea and Japan warned North Korea that it would face a strong response if it carried through with a threat to launch a missile toward the U.S. territory of Guam.

Defense Minister Itsunori Onodera said it would be legal for Japan to intercept a missile aimed at Guam. North Korea’s threats to strike around Guam pose a serious challenge, a spokesman at South Korea’s Joint Chiefs of Staff told reporters on Thursday.

“We give a strict warning,” the spokesman said. “If North Korea commits provocations despite our stern warning, it will face a strong response from South Korea’s military and the U.S.-South Korea alliance.”

Bloomberg

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.