Stock Rally Stalls As Russia Test-Fires Inter-Continental Ballistic Missile

Tyler Durden's picture

Because BTFWWIII is so yesterday, we present BTFICBMD:

  • *RUSSIA TEST FIRES INTERCONTINENTAL BALLISTIC MISSILE: INTERFAX
  • *RUSSIA TEST FIRED MISSILE FROM RANGE IN ASTRAKHAN REGION: IFX
  • *RUSSIA MISSILE LAUNCHED AT 10:10PM IN SOUTHERN RUSSIA: INTERFAX
  • *INTERFAX CITES RUSSIAN DEFENSE MINISTRY ON MISSILE TEST

But, the talking heads said Ukraine was fixed and Putin had folded?

Via Bloomberg:

Topol missile launched from firing range in Astrakhan region at 10:10pm Moscow time, news service reports, citing Russia’s Defense Ministry.

 

Launch carried out by Russia’s Strategic Rocket Forces

 

Missile hit target in Kazakhstan: IFX

And Reuters:

Russia said it had successfully test-fired an Intercontinental Ballistic Missile (ICBM) on Tuesday, with tensions high over its seizure of control in the Crimea and its threat to send more forces to its neighbour Ukraine.

 

The Strategic Rocket Forces launched an RS-12M Topol missile from the southerly Astrakhan region near the Caspian Sea and the dummy warhead hit its target at a proving ground in Kazakhstan, the state-run news agency RIA cited Defence Ministry spokesman Igor Yegorov as saying.

The Topol Missile:

 

And the reaction...USDJPY blips and the S&P 500 drops 5 points