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North Korea suspends talks with South Korea - Reuters

Reuters reports that North Korea on Wednesday cast doubts on the summit between its leader Kim Jong Un and US President Donald Trump scheduled for next month while suspending military exercises between South Korea and the United States.

This comes after the North Korea’s official Korean Central News Agency (KCNA) report called the air drills a “provocation” that went against the trend of warming ties. A report on KCNA angrily attacked the “Max Thunder” air combat drills, which it said involved U.S. stealth fighters and B-52 bombers.

USD/JPY risk reversals: demand for JPY calls continues to drop

The USD/JPY one-month 25 delta risk reversals are being paid at 0.625 JPY calls (the level was last seen in early January) vs 2.425 JPY calls seen on
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N. Korea will never engage in economic trade with US in exchange for denuclearization - KCNA

North Korea’s official Korean Central News Agency (KCNA) came out with further headlines, citing that North Korea will never engage in economic trade
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