North Korea Planning To Test Fire Missile Capable Of Reaching U.S. West Coast; Stocks Slide

http://www.zerohedge.com/news/2017-10-06/north-korea-planning-test-fire-missile-capable-reaching-us-west-coast-stocks-slide

North Korea Planning To Test Fire Missile Capable Of Reaching U.S. West Coast; Stocks Slide




[size=10]by Tyler Durden
Oct 6, 2017 10:40 AM[/size]

Is this the stormy weather that Donald Trump was referring to yesterday?
Russian news agency Sputnik reports, that according to a Russian lawmaker, who has just returned from North Korea, Pyongyang is ready to test a missile capable of reaching the US western coast.

Quote :

"They are preparing for a new test of a longer-range missile. They even gave us mathematical calculations that they believe prove that their missile can hit the western coast of the United States," Morozov said.

"In the near future, they are going to carry out, as far as we understand, yet another launch of a missile, but this time with a longer range," the lawmaker said, adding that the general mood in Pyongyang is "rather belligerent."


Sputnik adds that "Pyongyang is planning to test-fire a missile that is capable of reaching the western coast of the US, Anton Morozov, a member of the Russian State Duma Committee on International Affairs told RIA Novosoti."

Quote :

"They [North Korea] are preparing to launch a new high range missile. They even gave us calculations, showing that the missile was capable of reachen the western coast of the US," Morozov said.
 
The Russian delegation was on an official visit in the North Korean capital on October 2-6, the Russian embassy in North Korea said earlier. The lawmakers discussed bilateral cooperation with the Russian ambassador to North Korea.

The market reaction upon hearing the news has been quite negative, with a trapdoor opening below the S&P as safe-haven bonds are bid.

While gold spiked higher (as USDJPY tumbled back below 113.00).