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China ForeignMin Wang: Need to avoid further escalation of N. Korea situation

Chinese Foreign Minister Wang Yi crossed the wires now, via Reuters, showing urgency to resolve the North Korea crisis.

Key Headlines:

Need to avoid further escalation of situation

Especially need to prevent resorting to arms

Reiterates opposition to US THAAD anti-missile system in Korea

THAAD not beneficial to resolving North Korea issue, damages global strategic balance

Situation on Korean peninsula very dangerous

AUD/USD drops further to test 0.7900 on notable USD demand

The AUD/USD pair failed to take on the Asian recovery above 0.7950 levels, and from there resumed its recent bearish momentum, now accelerating declin
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GBP/USD tumbles to 1-1/2 week lows, 1.34 mark on sight ahead of Yellen

Having posted a session high level of 1.3515, the GBP/USD pair ran through some fresh offers and has now dropped to 1-1/2 lows in the 1.3425-20 region
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