The tensions in Asia are escalating. On Sunday, North Korea tested a major hydrogen bomb that could be mounted to the tip on an intercontinental missile. The US Department of Defense now believes the country has the capability to hit the west coast of the United States. This led to President Trump escalating his rhetoric this weekend, with the White House saying that there could be a “massive military response” to any threat to the US or its allies.
OxWFD: We saw a headline this morning that said North Korea was “begging for war”, and from our view that certainly appears to be the case.
Source: Financial Times