Secretary of State Rex Tillerson tried to ease concerns that the U.S. was heading toward a military confrontation with North Korea after President Donald Trump rattled global markets with his warning that he could unleash “fire and fury” against Kim Jong Un’s regime.
“Americans should sleep well at night, have no concerns about this particular rhetoric of the last few days,” Tillerson told reporters on his plane after a tour of Southeast Asia. Trump “felt it necessary to issue a very strong statement directed at North Korea,” he said.
Echoing Trump’s tone, Defense Secretary Jim Mattis said in a statement Wednesday that North Korea “should cease any consideration of actions that would lead to the end of its regime and the destruction of its people.”
North Korea Nerves Weigh on Equities again, Dollar and Gold Higher
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Craig Erlam
Latest posts by Craig Erlam (see all)
- European update – The calm before the storm - 10/22/2018
- European open – Markets not feeling China benefit - 10/22/2018
- OANDA Market Insights podcast (episode 36) - 10/19/2018