Superforex
Fun Poster
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- Nov 20, 2015
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A new wave of tension
North Korea conducted a nuclear test again
This morning on September 15, Japan stated that North Korea once again conducted nuclear tests and the missile flew over the northeastern part of the country. At the same time, South Korea also conducted military exercises, firing a rocket at sea. Earlier, after the new sanctions imposed by the UN on North Korea, their leader Kim Jong-un promised to flood Japan and turn the US into "ash and darkness" and accelerated the testing of nuclear weapons.
US Secretary of State Rex Tillerson exerts pressure on China to preserve the oil embargo, which is quite a powerful tool of pressure. However, China can limit trade relations on an official level, but can not deter smugglers, which hamper the pressure on the Kim Jong-un regime.
This news caused a lively sale of assets and sent investors to search for a quiet harbor.
This time, the markets reacted more calmly to this news and volatility weakened much faster than the previous week.
The dollar again continues the upward movement after corrective movement relative to the Yen.
The pound is traded at the level of annual highs against the dollar and may soon begin the corrective movement, after yesterday's sharp jump. Talks about possible increase in the interest rate in the coming months for a decade sounded on the meeting of the Committee on Monetary Policy. Such data was regarded positively by traders, which gave a sharp push to the British currency. And breaking through the strong resistance levels has reached new annual highs. On Friday we are expecting a fixation of profits and that the price will depart from the current values.
North Korea conducted a nuclear test again
This morning on September 15, Japan stated that North Korea once again conducted nuclear tests and the missile flew over the northeastern part of the country. At the same time, South Korea also conducted military exercises, firing a rocket at sea. Earlier, after the new sanctions imposed by the UN on North Korea, their leader Kim Jong-un promised to flood Japan and turn the US into "ash and darkness" and accelerated the testing of nuclear weapons.
US Secretary of State Rex Tillerson exerts pressure on China to preserve the oil embargo, which is quite a powerful tool of pressure. However, China can limit trade relations on an official level, but can not deter smugglers, which hamper the pressure on the Kim Jong-un regime.
This news caused a lively sale of assets and sent investors to search for a quiet harbor.
This time, the markets reacted more calmly to this news and volatility weakened much faster than the previous week.
The dollar again continues the upward movement after corrective movement relative to the Yen.
The pound is traded at the level of annual highs against the dollar and may soon begin the corrective movement, after yesterday's sharp jump. Talks about possible increase in the interest rate in the coming months for a decade sounded on the meeting of the Committee on Monetary Policy. Such data was regarded positively by traders, which gave a sharp push to the British currency. And breaking through the strong resistance levels has reached new annual highs. On Friday we are expecting a fixation of profits and that the price will depart from the current values.
