Japanese Chief Cabinet's Declaration Of Purpose On The Denuclearization Of North Korea

Japanese Chief Cabinet Secretary Hirokazu Matsuno said that “North Korea launched one ballistic missile early Friday.”

Additional comments

“I believe North Korea would engage in further provocative behavior, possibly a nuclear test.”

“Japan will continue to work closely with the US and South Korea to accomplish North Korea's total denuclearization.”

Market reaction

USD/JPY is trading better bid around 147.25 so far, shrugging off the geopolitical risks surrounding North Korea