North Korea conducted strategic cruise missile tests on Tuesday for a naval destroyer, while Leader Kim says destroyers must be equipped with supersonic weapons, according to KCNA

North Korea conducted strategic cruise missile tests on Tuesday for a naval destroyer, while Leader Kim says destroyers must be equipped with supersonic weapons, according to KCNA.

The recent missile tests by North Korea signify an escalation in military capabilities, particularly with intentions to enhance their naval assets. This could heighten tensions in the region, impacting risk sentiment and heightening demand for safe-haven assets like gold and the USD, particularly as investors reassess their exposure to geopolitical risks in the Asian session moving into the US market.