Fox News spread out a news report conveying comments from the US Defence Secretary about China, North Korea and Iran during early Thursday morning in Asia.
Key quote
- China continues stealing US technology secrets.
- US will wait and see about Iranian ship.
- North Korean long-range missiles has been our biggest concern.
FX implications
Such comments from the US Defence Secretary generally weigh on the market’s risk tone and help the safe-havens like the Japanese Yen (JPY) and Gold.