S.Korea Foreign Minister Kang: there’s always possibility of N. Korea provocation

South Korea's foreign minister, Kang Kyung-wha hit the wires in the past hour and was noted saying that government is not looking at bringing back strategic nuclear weapons.

She further added that S. Korea and China are still at odds over THAAD issues, while there’s always possibility of N. Korea provocation.

USD/JPY retreats from highs, still holding comfortably above 108.00 handle

The USD/JPY pair trimmed some of the early strong gains and retreated around 20-pips from session tops, beyond mid-108.00s.  The fact that weekend pa
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Markets expect too much from the ECB – BAML

Analysts at BofA Merrill Lynch explain that ECB’s QE has an expiration date and for a number of reasons, the ECB does not seem willing or capable to i
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