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

  • N Korea says ICBM launch tested stage separation, warhead re-entry, late-stage control
  • US Sec State Tillerson - N Korea ICBM launch a new escalation
  • Yen - on the move with the North Korean headlines?
  • UN Nth Korea meeting on Wednesday

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: