North Korea Holding Fire For Now

August 15, 2017 Share Print 0

North Korean leader Kim Jong Un received a report from his army on its plans to strike the area around Guam and said he will watch the actions of the UnitedStates for a while longer before making a decision, the North’s official news agency said on Tuesday.

“The United States, which was the first to bring numerous strategic nuclear equipment near us, should first make the right decision and show through actions if they wish to ease tensions on the Korean peninsula and prevent a dangerous military clash,” Kim was cited as saying in the report by KCNA.

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Craig Erlam

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 BNN. 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.