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Global Geo-political Series: U.S. - Japan - South Korea begin 2-day missile tracking drill in Korean Peninsula

To counter missile threats from North Korea, Japan, South Korea, and the United States have launched a 2-day tri-party drill over the Korean Peninsula to practice the cross-navy capabilities in detecting and tracking any potential missile threat. According to South Korea’s Joint Chief of Staff, the drill are being conducted to counter threats posed by missiles of North Korea.

According to South Korea’s Yonhap news agency, the drills are being led by the American Arleigh Burke-class destroyer USS Stethem, Japanese Kongō-class guided missile destroyer JDS Kirishima and South Korean Sejong Great-class destroyer which is all equipped with Aegis Combat System. Aegis Combat System is a missile defence system. However, actual missiles will not be involved in the drill but will conduct computer simulations.

On Monday US Secretary of Defence James Mattis, Japanese Defence Minister Itsunori Onodera and South Korean Minister of National Defense Song Young-moo held trilateral talks on the sidelines of an ASEAN security forum and vowed to step up drills over the Korean Peninsula despite calls by Pyongyang to stop these provocative drills. Russia and China have been pushing for a resolution that calls for an end of such drills in exchange for an end to North Korea’s missile testing.

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November 20 20:00 UTC Released

BRCAGED Net Payroll Jobs*

Actual

77 k

Forecast

Previous

77 k

November 20 13:00 UTC Released

RURetail Sales YY

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3.0 %

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3.9 %

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3.1 %

November 21 13:55 UTC 333333m

USRedbook MM

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-1.2 %

November 21 13:55 UTC 333333m

USRedbook YY

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2.3 %

November 22 12:00 UTC 16581658m

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Previous

3.1 %

November 22 12:00 UTC 16581658m

USMortgage Market Index

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Forecast

Previous

401.7 Bln EUR

November 22 13:30 UTC 17481748m

USJobless Claims 4-Wk Avg

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237.75 k

November 22 13:30 UTC 17481748m

USInitial Jobless Claims

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Forecast

240 k

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249 k

November 22 13:30 UTC 17481748m

USContinued Jobless Claims

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Forecast

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Previous

1.860 Mln

November 22 14:30 UTC 18081808m

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-3.412 Bln USD

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