Chinese president Xi has been talking to the new S Korean president Moon

  • willing to continue working with all sides
  • both sides should appropriately handle differences
  • China has for a long time upheld resolving N Korea issue via talks
  • has invited Moon to Beijing


  • N Korea must cease further provocation to resolve Thaad issue
  • asks Xi to cooperate on resolving S Korean companies difficulties in China
  • sanctions against N Korea aimed at bringing Pyongyang to the negotiating table

I think we all hope a peaceful solution can be found eh?

Meanwhile USDJPY on the rise again at 114.25 after the dip to 114.10 from 114.37 highs.