Earlier in the session we saw potential escalation re North Korea's missile test on Tuesday

The Australian Financial Review have a piece up on the North Korean missile:

  • Has an intercontinental range
  • Such a development has come years ahead of believed possible from NK
  • Missile dubbed Hwasong-14
  • Assessment say the missile travelled in a steep arc (as high as 2,800 vertical kilometres above the Earth's surface), but if flown in a more typical trajectory, the missile would have easily travelled 6,500 kilometres
  • This puts Alaska potentially within range

The article is here, may be gated: North Korea's genuine ICBM missile is a dangerous milestone

Meanwhile, USD/JPY is near its session lows: