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  • North Korea Fires Missile - Japan's NHK

Added at 5:11pm

  • Japanese government warns North Korea missile headed toward northern Japan, report says

    From cnbc.com

    The Japanese government has warned that a North Korean missile is headed toward the Tohoku region at the northern end of the country, according to Japanese broadcaster NHK. NHK also reported that Japan took no action to shoot down the projectile. Japanese Prime Minister Shinzo Abe told reporters that it appeared that a ballistic missile was fired and that it flew over the country. South Korea's Yonhap, citing the military, said that Pyongyang fired a ballistic missile which flew through Japan's airspace. A South Korean military official told NBC News that the projectile was fired around 5:57 a.m. local time on ... (full story)

Added at 5:16pm

Added at 5:24pm

Shit
I would say something but I will be censored.
Unless it landed on Japan... it's just another scare tactic from fat boy Kim.
  •  Guest
  • | IP XX.XXX.183.122
so euro will collapse and usd/jpy will collapse thats it we going down on those pairs
long at daily s2
Catastrophic loss of face for Donny, again.
Best to do nothing till it hits someone. Anyway I was short CAD/JPY @ 87.35. Just got out. +35 pips, can't complain.
Kim has a lot of FREE TIME.
Quoting barkie
Catastrophic loss of face for Donny, again.
how so? i'm sure little man will be delt with
Kim reminds me of my neighbor. loose cannon wack job
Quoting barkie
Catastrophic loss of face for Donny, again.
again? only loss I can think of is anyone who betted against him in the stock market.
Quoting charterjoe
{quote} again? only loss I can think of is anyone who betted against him in the stock market.
Where have you been?
This guys someday will mess up their toys and will kill people
Waiting for the Trump response. Maybe he is too busy with his own stuff.
Quoting BaseTrade
Waiting for the Trump response. Maybe he is too busy with his own stuff.
Yeah

I hear he's writing a "family pardon"


Buy Euro??

What 1.25 first target?
Quoting BaseTrade
Waiting for the Trump response. Maybe he is too busy with his own stuff.
actually he's enroute to Texas addressing a serious crisis.
and it's generally a good idea if your commander and chief to not say or do the first thing that comes to mind. could you imagine the weight and gravity of deciding what to do that all before him have failed to address or stop??
WTF Japan has no defense system? It just got tested and it failed.
yikkkkkkkkkkes its now gone way beyond the safe zone , volatility in the market love it
Selll JPY
So the JPY is considered a "safe haven" whilst the missiles are flying above overhead???? What logic is this.
AUDJPY down 1200 Pips. What are traders thinking?
OOPS i mean 120 pips
Kim is funding nuke program with currency and equities . What a master plan , fire few missiles and control the markets.
  •  Guest
  • | IP XXX.XXX.63.130
Quoting Guest
so euro will collapse and usd/jpy will collapse thats it we going down on those pairs
probably not the two of them.
my theory is he wants to play wolf so many times to catch them off guard until he's ready to strike land.
Time for more economic pressure on the puppet master China. Not sure if they realize how precarious their situation is.
lol
Will be keeping an eye on the swissie

Might a good time to start buying?
Quoting Micc23
AUDJPY down 1200 Pips. What are traders thinking?
they are thinking pull your money out of Australia and stick it in a safe asset
A threatened attack against Japan causes traders to Buy the Japanese Yen?

The Flight to safety is rather counter intuitive, said a Bloomberg News reporter just now.
Attached Image (click to enlarge)
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trading against terrorist.
Quoting Micc23
AUDJPY down 1200 Pips. What are traders thinking?
are you smoking some thing?
Quoting Micc23
A threatened attack against Japan causes traders to Buy the Japanese Yen? The Flight to safety is rather counter intuitive, said a Bloomberg News reporter just now.
I think one of the reason is investors borrowed the Yen (low-interest rate) and invest that money in higher yielding assets (risk-on environment) in other countries. However, when global uncertainty happens, it causes investors to unwind these trades, which then results in demand for the yen. There could be other reasons as well.
withing next 15 day's Market will be show high volatility , Better stay gold with long .
So where did the missile land and explode??
little kim wants attention!
Hey....who threw that? :-)
This is a place holder. Waiting for a Trump response.
Hint: he will do / say something stupid.
Is bitcoin a safe heaven yet?

P.S. Fat little man is probably heavily long on gold and yen.
Quoting Mingary
This is a place holder. Waiting for a Trump response. Hint: he will do / say something stupid.
hint:like you just did?
Sell jpy anyway
I feel like these are al game. It seems everything is working for making dollar cheaper. Be ready for a big surprise soon in a month or two.
Quoting rashadali
I feel like these are al game. It seems everything is working for making dollar cheaper. Be ready for a big surprise soon in a month or two.
So what suprise will that be?
As much as we all laugh and think KIM is a joke.. Just by one missle today trillions globally will be wiped out from share market = people loosing reterment savings etc.

I have made so much coin shorting stocks and today was even a more rewarding day but unfortuntley trillions have been wiped out.
Quoting BaseTrade
{quote} I think one of the reason is investors borrowed the Yen (low-interest rate) and invest that money in higher yielding assets (risk-on environment) in other countries. However, when global uncertainty happens, it causes investors to unwind these trades, which then results in demand for the yen. There could be other reasons as well.
A decade back it was the source of the carry-trade, these days it is a cheap source of leverage.
Quoting charterjoe
and it's generally a good idea if your commander and chief to not say or do the first thing that comes to mind. could you imagine the weight and gravity of deciding what to do that all before him have failed to address or stop??
Hello mother, I didn't realise that you found your way to FF
  • Post #51
  • Quote
  • Edited at 6:21am Aug 29, 2017 5:01am | Edited at 6:21am
Quoting PaulDaemon
Will be keeping an eye on the swissie Might a good time to start buying?
Good call
usd/chf Dropped 70 pips already
Why didn't the Japanese shoot it down? Are they planning on being martyrs for action against n.korea?
Quoting rotherwell
Why didn't the Japanese shoot it down? Are they planning on being martyrs for action against n.korea?
No, that would be just the excuse KJU was looking for.
Kim will continue his aggressive actions
The question is ....When the war begins ?
JPY & chinease youwan will go down
sigh... this was the 5th time missile passed above japan.

some notes:
Missile was above 550km high which is actually outer-space and outside of japan's airspace. No defense system can intercept the missile in the space.
japanese government knew the missile will pass above japan and will not hit japan. There is no need to intercept n.korea missile.
One counter missile costs about 3 million. This is not the game as some folks think.
If intercept, debris would fall to japan.

Now, some pessimism:
Maybe japan cannot intercept the missile. The problem is not to fail to intercept, but to reveal japan is not capable to intercept.
Even though the success rate is ALMOST 100%(as government claim), it is not 100%. Is it realistic to intercept something that speed is 5km per second? I dont know.
N.korea own more than 1000 missiles. japan can intercept only 30 or less at once.

sigh...
Quoting jimsterk
.... Missile was above 550km high which is actually outer-space and outside of japan's airspace.
That is a note-worthy point. I wonder what the US would do if NK put something into orbit.

How high is the end of 'air space'? I can see people in the US might say something like up to the Geostationary distance.
Quoting rotherwell
Why didn't the Japanese shoot it down? Are they planning on being martyrs for action against n.korea?
Because THAAD, SCUD and AEGIS are not really as advertised. In the real world, failures to shoot down those missiles the military industrial complex will lose billions if not trillions.
Quoting Exodus
{quote} That is a note-worthy point. I wonder what the US would do if NK put something into orbit. How high is the end of 'air space'? I can see people in the US might say something like up to the Geostationary distance.
afaik, only 100km high. japan considers missile within 100km high is the violation of japan's airspace, and will try to intercept.
But there is no international law to define the altitude of airspace. Above 100km high, it is considered as the space and countries cooperate for the space development.
btw, international space station(ISS) is about 400km high. N.korea missile can fly above that and can hit almost everywhere on earth. This is not a problem for only usa and japan, sigh...
What is annoying is that, the technology to launch satellite is very similar to launch missile. No one can stop launching satellite. Therefore n.korea claim it was a satellite and so n.korea is unstoppable, developing nuclear bomb simultaneously. sigh...
Quoting jimsterk
{quote} afaik, only 100km high. japan considers missile within 100km high is the violation of japan's airspace ...
The last NK test went to an altitude of ~1600km. When I can be arsed I will calculate whether that is enough to achieve orbit. Punching something up to an altitude that then falls back to earth is not the same as achieving >20,000kph which is the low earth orbit speed (give or take 1000kph).
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  • Story Stats
  • Posted: Aug 28, 2017 5:08pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 59  /  Views: 21,387