Futures turned negative after Trump signed the Hong Kong bill
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Breaking a month-long lull in missile tests, North Korea fired two short range missiles into the sea off its east coast on Thursday in what appeared to be the latest try out of its new multiple rocket launchers, South Korea’s military said.
The test-firing came as the clock ticks down on the year-end deadline that Pyongyang had given the United States to restart stalled denuclearisation talks.
South Korea’s Joint Chiefs of Staff (JCS) said the North fired the two missiles into the sea from launchers in the eastern coastal town of Yonpo at around 5 p.m. (0800 GMT).
The rockets travelled up to 380 kilometres (236 miles) and reached an altitude of 97 km (60 miles), the JCS said.
Japanese Prime Minister Shinzo Abe said the launch was a threat to not only Japan but the region and beyond, though his defence ministry said the projectile did not enter Japanese airspace or its Exclusive Economic Zone.
“We will remain in close contact with the United States, South Korea and the international community to monitor the situation,” Abe told reporters. (more…)
“Based what I know, out of respect for President Trump, the US and its people, China is considering to put the drafters of the Hong Kong Human Rights and Democracy Act on the no-entry list, barring them from entering Chinese mainland, Hong Kong and Macao.”
According to delegates, it shows that an oil supply surplus in 1H 2020 will be mostly offset by a deficit in 2H 2020. As such, the bloc sees that the oil market will be balanced next year and that puts them on course to stick with the current set of output cuts.