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Trump: Any military action would be “devastating” for N. Korea - RTRS

The US President Donald Trump warned at a White House news conference late-Tuesday, any US military option would be “devastating” for North Korea, Reuters reported.

However, he quickly added that the use of force was not Washington’s first option to deal with the country’s ballistic and nuclear weapons programme.

Key Quotes:

“We are totally prepared for the second option, not a preferred option,” 

“But if we take that option, it will be devastating, I can tell you that, devastating for North Korea. That’s called the military option. If we have to take it, we will.”

USD/JPY Risk Reversals drop: Investors hedge against long spot positions

The Dollar-Yen staged a solid rebound from the 10-DMA support on Tuesday. The currency pair closed above its 200-DMA and rose to a high of 112.55 leve
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US: Key events ahead - Barclays

Analysts at Barclays offer their insights on the key US macro data due on the card later today. Key Quotes: “We expect durable goods orders to rise
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