North Korea has tested Trump

Several days after Iran, North Korea (DPRK) has chosen to test new US President Donald Trump as well. The Democratic and Popular Republic has launched a medium-range ballistic missile Musudan that is said to have flown over 500 kilometers within the framework of a ninth test over the last 10 months. The clear rise in North Korean military activity – including a fifth nuclear test in September 2016 – could generate increased and sudden volatility on the financial markets especially Asia’s.