North Korean Foreign Minister says denuclearisation is an unrealistic delusion, with nuclear status irreversible and will endure forever, adds the more the US and its allies advocate denuclearisation, the more its strengthens their stance towards the US
North Korean Foreign Minister says denuclearisation is an unrealistic delusion, with nuclear status irreversible and will endure forever, adds the more the US and its allies advocate denuclearisation, the more its strengthens their stance towards the US
[MARKET ANALYSIS] Oil prices slightly pulled back after rallying yesterday in the absence of substantial US-Iran progress and amid conflicting reports of a US diesel export ban
Japanese Finance Minister Katayama says principles on forex established since joint US-Japan intervention remain in effect, while she won't comment on specific FX levels
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Statements of this kind from Pyongyang are a recurring feature of the cycle rather than new information: the line that nuclear status is permanent and non-negotiable has been repeated across successive negotiation rounds, and comparable rhetoric has historically preceded both periods of escalation and eventual returns to talks. The established pattern is that verbal hardening alone does not reprice regional risk; what has moved Korean peninsula proxies, the won, the yen as a haven bid, and defence names in the peer set, is a change in activity such as a test, a launch, or visible movement at known sites, not the language itself. The distinction worth drawing is between declaratory posture, which this is, and operational signals, which carry the actual tail risk. The actor's track record is one of maximalist framing ahead of any diplomatic opening, so rhetoric of this sort has on past occasions coexisted with back-channel contact rather than precluded it. Worth noting is any response from Washington, Seoul, or Tokyo and whether allied military posture or exercises shift in the following days, since that sequence has been the usual tell for whether a rhetorical cycle is building toward something kinetic. As it stands, this is routine positioning with no immediate transmission channel to pricing.
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