- MarketPulse - https://www.marketpulse.com -

Russia Critical of US Handling of North Korea Threat

Russia criticised the reaction of the United States and its allies to the latest and most powerful North Korean nuclear test, and warned on Monday that any mis-step could be highly dangerous.“It’s clear in the current situation any clumsy step could lead to an explosion, a political explosion, a military explosion and not just to a nuclear test explosion,” Deputy Foreign Minister Sergei Ryabkov told reporters at a summit of the BRICS group of countries in China.North Korea’s test, of what it said was an advanced hydrogen bomb for a long-range missile, prompted global condemnation and drew a warning of a “massive” military response from the United States if it or its allies were threatened.“There shouldn’t be room for escalation. Those who are smarter and stronger should show restraint,” Ryabkov said.

Source: Russia criticises U.S. over North Korea, says ‘clumsy steps’ risky [1]

Risk Aversion Spreads After Latest Missile Test [2]

North Korea Thermonuclear Ambitions Rock Markets [3]


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

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
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.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])