COLCAP 2,292.75 ▼ 0.87% SELIC 14.25% USD/BRL5.12▲ 0.08% USD/MXN17.51▼ 0.20% USD/CLP924.73▼ 0.32% USD/COP3,270▼ 2.19% USD/PEN3.40▼ 0.12% USD/ARS1,487▼ 0.03% USD/UYU40.30▲ 1.41% USD/PYG6,061▲ 1.47% USD/BOB9.85▲ 1.04% USD/DOP58.47▼ 0.14% USD/CRC450.34▲ 1.74% USD/GTQ7.62▲ 2.24% USD/HNL26.72▲ 1.48% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% EUR/BRL5.85▼ 0.75% PETR4 39.21 ▼ 1.11% VALE3 73.15 ▲ 0.62% ITUB4 42.59 ▲ 1.67% BBDC4 18.00 ▲ 1.75% ABEV3 15.72 ▲ 0.64% BBAS3 20.00 ▲ 2.41% B3SA3 14.79 ▲ 3.86% WEGE3 45.74 ▲ 0.86% PRIO3 55.61 ▼ 1.44% SUZB3 41.03 ▲ 0.49% RENT3 39.40 ▲ 1.44% AZZA3 18.46 ▲ 3.13% CSAN3 3.86 ▲ 2.93% RAIZ4 0.37 ▼ 2.63% PCAR3 2.76 ▲ 1.85% GMAT3 3.93 ▲ 5.08% PSSA3 53.35 ▲ 1.62% CVCB3 1.25 ▲ 2.46% POSI3 3.85 ▲ 1.85% SLCE3 13.79 ▲ 4.39% NATU3 8.46 ▼ 0.47% BRKM5 6.36 ▲ 3.58% RANI3 7.86 ▼ 0.25% CSNA3 4.80 ▲ 2.78% CMIN3 4.83 ▲ 3.65% USIM5 8.35 — 0.00% GGBR4 22.48 ▲ 1.54% ENEV3 26.20 ▲ 2.75% CPFE3 46.29 ▲ 1.83% CMIG4 11.08 ▲ 2.59% EQTL3 39.51 ▲ 2.23% EMBRAER 83.86 ▲ 2.90% EMBRAER ADR 65.54 ▲ 3.34% JBS 11.73 ▼ 0.76% JBS BDR 60.05 ▼ 1.40% MBRF3 15.41 ▲ 0.20% MBRFY 3.00 — 0.00% LREN3 14.15 ▲ 3.21% VIVT3 34.50 ▲ 0.55% RAIL3 13.75 ▲ 3.77% KLABIN 17.40 ▲ 1.40% RAIA DROGASIL 18.13 ▲ 4.68% RDOR3 35.15 ▲ 3.14% HAPV3 10.07 ▲ 1.10% FLRY3 15.75 ▲ 2.21% SMTO3 16.05 ▲ 5.25% UGPA3 30.10 ▲ 2.52% VBBR3 32.10 ▲ 1.42% BBSE3 39.28 ▲ 1.37% BPAC11 55.68 ▲ 3.21% CURY3 32.70 ▲ 4.37% AERI3 2.06 — 0.00% PAGSEGURO 9.00 ▲ 2.62% VIVARA 22.58 ▲ 1.85% TECNOGLASS 43.20 ▼ 1.68% INTER 5.71 ▲ 2.51% COMPASS 24.68 ▲ 0.65% VAMOS 2.96 ▲ 5.34% SANB11 26.25 ▲ 2.54% ASAI3 8.46 ▼ 0.35% SBSP3 30.00 ▲ 2.56% WALMEX 49.06 ▼ 1.25% GMEXICO 195.90 ▼ 0.35% FEMSA 222.73 ▼ 1.00% CEMEX 21.66 ▲ 1.26% GFNORTE 185.51 ▼ 0.76% BIMBO 56.10 ▼ 1.34% TELEVISA 9.50 ▼ 0.42% AMX 22.70 ▼ 2.24% GAP 412.12 ▼ 0.87% ASUR 283.61 ▼ 0.38% OMA 238.51 ▲ 1.15% KOF 180.82 ▼ 1.26% GRUMA 283.26 ▲ 0.17% KIMBER 38.49 ▼ 0.75% SQM-B 69,100 ▼ 0.58% COPEC 6,020 ▼ 0.17% BSANTANDER 77.50 ▲ 0.52% FALABELLA 5,851 ▼ 0.49% ENELAM 84.16 ▼ 1.44% CENCOSUD 2,057 ▼ 1.08% CMPC 1,095 ▲ 1.47% BANCO CHILE 187.00 ▲ 0.84% LATAM AIR 26.40 ▲ 3.53% YPF 75,775 — 0.00% GGAL 7,880 — 0.00% PAMPA 5,205 — 0.00% TXAR 664.50 — 0.00% ALUAR 968.50 — 0.00% TGS 9,310 — 0.00% CEPU 2,315 — 0.00% MIRGOR 17,200 — 0.00% COME 45.42 — 0.00% LOMA NEGRA 3,498 — 0.00% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,120 — 0.00% ECOPETROL 15.39 ▲ 1.72% BANCOLOMBIA 80.93 ▲ 1.15% GRUPO AVAL 5.02 ▲ 3.72% CREDICORP 391.77 ▲ 2.70% SOUTHERN COPPER 174.43 ▲ 4.32% BUENAVENTURA 29.56 ▲ 4.23% MERCADOLIBRE 1,808 ▼ 0.09% NUBANK 13.67 ▲ 2.24% XP 16.41 ▲ 6.28% STONE 10.96 ▲ 4.18% GLOBANT 31.29 ▲ 4.65% GAP AIRPORT 234.47 ▼ 0.77% OMA AIRPORT 108.33 ▲ 0.96% AMX ADR 25.84 ▼ 2.16% FEMSA ADR 127.07 ▼ 0.57% CEMEX ADR 12.37 ▲ 1.64% PETROBRAS ADR 17.03 ▼ 1.22% VALE ADR 14.22 ▲ 1.21% ITAU ADR 8.28 ▲ 1.47% SANTANDER BR 5.14 ▲ 1.98% AMBEV ADR 3.04 ▲ 0.66% CSN 0.95 ▲ 3.52% GERDAU 4.41 ▲ 2.56% LATAM ADR 57.04 ▲ 4.66% BTC 64,200 ▲ 1.59% ETH 1,794 ▲ 2.85% SOL 78.85 ▲ 1.03% XRP 1.11 ▲ 1.31% BNB 573.67 ▲ 0.92% ADA 0.17 ▲ 0.59% DOGE 0.07 ▲ 1.55% AVAX 6.73 ▲ 0.70% LINK 7.95 ▲ 2.84% DOT 0.88 ▲ 6.41% LTC 44.50 ▲ 1.68% BCH 250.19 ▲ 5.22% TRX 0.33 ▼ 0.56% XLM 0.19 ▲ 1.96% HBAR 0.07 ▲ 1.17% NEAR 1.92 ▼ 0.02% ATOM 1.57 ▲ 1.56% AAVE 95.62 ▲ 4.78% IPSA 11,025 ▲ 0.72% EGX 52,312 ▲ 0.54% USD/ZAR16.29▼ 0.21% USD/NGN 1,375 — 0.00% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.79▼ 0.37% USD/CNY6.78▼ 0.25% DAX 25,115 ▼ 0.01% CAC 8,324 ▼ 0.03% FTSE 10,489 ▲ 0.16% MIB 52,706 ▲ 0.62% IBEX 19,412 ▲ 0.46% STOXX 641.71 ▲ 0.13% EUR/USD1.14▼ 0.04% GBP/USD1.34▲ 0.14% SPX 7,544 ▲ 0.81% DJI 52,487 ▲ 0.27% NDX 29,727 ▲ 1.62% RUT 2,993 ▲ 1.22% TSX 35,200 ▲ 0.76% VIX 15.80 ▼ 0.25% USD/CAD1.42▼ 0.13% US10Y 4.5450 ▲ 0.13% COLCAP 2,292.75 ▼ 0.87% SELIC 14.25% USD/BRL 5.12 ▲ 0.09% USD/MXN 17.51 ▼ 0.20% USD/CLP 924.52 ▼ 0.34% USD/COP 3,272 ▼ 2.14% USD/PEN 3.40 ▼ 0.12% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.30 ▲ 1.41% USD/PYG 6,061 ▲ 1.47% USD/BOB 9.85 ▲ 1.04% USD/DOP 58.47 ▼ 0.14% USD/CRC 450.34 ▲ 1.74% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.72 ▲ 1.48% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% EUR/BRL 5.85 ▼ 0.75% PETR4 39.21 ▼ 1.11% VALE3 73.15 ▲ 0.62% ITUB4 42.59 ▲ 1.67% BBDC4 18.00 ▲ 1.75% ABEV3 15.72 ▲ 0.64% BBAS3 20.00 ▲ 2.41% B3SA3 14.79 ▲ 3.86% WEGE3 45.74 ▲ 0.86% PRIO3 55.61 ▼ 1.44% SUZB3 41.03 ▲ 0.49% RENT3 39.40 ▲ 1.44% AZZA3 18.46 ▲ 3.13% CSAN3 3.86 ▲ 2.93% RAIZ4 0.37 ▼ 2.63% PCAR3 2.76 ▲ 1.85% GMAT3 3.93 ▲ 5.08% PSSA3 53.35 ▲ 1.62% CVCB3 1.25 ▲ 2.46% POSI3 3.85 ▲ 1.85% SLCE3 13.79 ▲ 4.39% NATU3 8.46 ▼ 0.47% BRKM5 6.36 ▲ 3.58% RANI3 7.86 ▼ 0.25% CSNA3 4.80 ▲ 2.78% CMIN3 4.83 ▲ 3.65% USIM5 8.35 — 0.00% GGBR4 22.48 ▲ 1.54% ENEV3 26.20 ▲ 2.75% CPFE3 46.29 ▲ 1.83% CMIG4 11.08 ▲ 2.59% EQTL3 39.51 ▲ 2.23% EMBRAER 83.86 ▲ 2.90% EMBRAER ADR 65.54 ▲ 3.34% JBS 11.73 ▼ 0.76% JBS BDR 60.05 ▼ 1.40% MBRF3 15.41 ▲ 0.20% MBRFY 3.00 — 0.00% LREN3 14.15 ▲ 3.21% VIVT3 34.50 ▲ 0.55% RAIL3 13.75 ▲ 3.77% KLABIN 17.40 ▲ 1.40% RAIA DROGASIL 18.13 ▲ 4.68% RDOR3 35.15 ▲ 3.14% HAPV3 10.07 ▲ 1.10% FLRY3 15.75 ▲ 2.21% SMTO3 16.05 ▲ 5.25% UGPA3 30.10 ▲ 2.52% VBBR3 32.10 ▲ 1.42% BBSE3 39.28 ▲ 1.37% BPAC11 55.68 ▲ 3.21% CURY3 32.70 ▲ 4.37% AERI3 2.06 — 0.00% PAGSEGURO 9.00 ▲ 2.62% VIVARA 22.58 ▲ 1.85% TECNOGLASS 43.20 ▼ 1.68% INTER 5.71 ▲ 2.51% COMPASS 24.68 ▲ 0.65% VAMOS 2.96 ▲ 5.34% SANB11 26.25 ▲ 2.54% ASAI3 8.46 ▼ 0.35% SBSP3 30.00 ▲ 2.56% WALMEX 49.06 ▼ 1.25% GMEXICO 195.90 ▼ 0.35% FEMSA 222.73 ▼ 1.00% CEMEX 21.66 ▲ 1.26% GFNORTE 185.51 ▼ 0.76% BIMBO 56.10 ▼ 1.34% TELEVISA 9.50 ▼ 0.42% AMX 22.70 ▼ 2.24% GAP 412.12 ▼ 0.87% ASUR 283.61 ▼ 0.38% OMA 238.51 ▲ 1.15% KOF 180.82 ▼ 1.26% GRUMA 283.26 ▲ 0.17% KIMBER 38.49 ▼ 0.75% SQM-B 69,100 ▼ 0.58% COPEC 6,020 ▼ 0.17% BSANTANDER 77.50 ▲ 0.52% FALABELLA 5,851 ▼ 0.49% ENELAM 84.16 ▼ 1.44% CENCOSUD 2,057 ▼ 1.08% CMPC 1,095 ▲ 1.47% BANCO CHILE 187.00 ▲ 0.84% LATAM AIR 26.40 ▲ 3.53% YPF 75,775 — 0.00% GGAL 7,880 — 0.00% PAMPA 5,205 — 0.00% TXAR 664.50 — 0.00% ALUAR 968.50 — 0.00% TGS 9,310 — 0.00% CEPU 2,315 — 0.00% MIRGOR 17,200 — 0.00% COME 45.42 — 0.00% LOMA NEGRA 3,498 — 0.00% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,120 — 0.00% ECOPETROL 15.39 ▲ 1.72% BANCOLOMBIA 80.93 ▲ 1.15% GRUPO AVAL 5.02 ▲ 3.72% CREDICORP 391.77 ▲ 2.70% SOUTHERN COPPER 174.43 ▲ 4.32% BUENAVENTURA 29.56 ▲ 4.23% MERCADOLIBRE 1,808 ▼ 0.09% NUBANK 13.67 ▲ 2.24% XP 16.41 ▲ 6.28% STONE 10.96 ▲ 4.18% GLOBANT 31.29 ▲ 4.65% GAP AIRPORT 234.47 ▼ 0.77% OMA AIRPORT 108.33 ▲ 0.96% AMX ADR 25.84 ▼ 2.16% FEMSA ADR 127.07 ▼ 0.57% CEMEX ADR 12.37 ▲ 1.64% PETROBRAS ADR 17.03 ▼ 1.22% VALE ADR 14.22 ▲ 1.21% ITAU ADR 8.28 ▲ 1.47% SANTANDER BR 5.14 ▲ 1.98% AMBEV ADR 3.04 ▲ 0.66% CSN 0.95 ▲ 3.52% GERDAU 4.41 ▲ 2.56% LATAM ADR 57.04 ▲ 4.66% BTC 64,200 ▲ 1.59% ETH 1,794 ▲ 2.85% SOL 78.85 ▲ 1.03% XRP 1.11 ▲ 1.31% BNB 573.67 ▲ 0.92% ADA 0.17 ▲ 0.59% DOGE 0.07 ▲ 1.55% AVAX 6.73 ▲ 0.70% LINK 7.95 ▲ 2.84% DOT 0.88 ▲ 6.41% LTC 44.50 ▲ 1.68% BCH 250.19 ▲ 5.22% TRX 0.33 ▼ 0.56% XLM 0.19 ▲ 1.96% HBAR 0.07 ▲ 1.17% NEAR 1.92 ▼ 0.02% ATOM 1.57 ▲ 1.56% AAVE 95.62 ▲ 4.78% IPSA 11,025 ▲ 0.72% EGX 52,312 ▲ 0.54% USD/ZAR 16.31 ▲ 0.03% USD/NGN 1,375 — 0.00% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.80 ▼ 0.34% USD/CNY 6.7652 ▼ 0.39% DAX 25,115 ▼ 0.01% CAC 8,324 ▼ 0.03% FTSE 10,489 ▲ 0.16% MIB 52,706 ▲ 0.62% IBEX 19,412 ▲ 0.46% STOXX 641.71 ▲ 0.13% EUR/USD 1.1432 ▼ 0.02% GBP/USD 1.3421 ▲ 0.13% SPX 7,544 ▲ 0.81% DJI 52,487 ▲ 0.27% NDX 29,727 ▲ 1.62% RUT 2,993 ▲ 1.22% TSX 35,200 ▲ 0.76% VIX 15.80 ▼ 0.25% USD/CAD 1.4143 ▼ 0.16% US10Y 4.5450 ▲ 0.13%
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Friday, July 10, 2026

Rising tensions: North and South Korea both launch ballistic missiles to demonstrate their power

By · June 7, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – North Korea has conducted significantly more missile tests than previous years. Usually also with corresponding verbal threats by leader Kim Jong-Un to the United States, maintaining an enormous troop presence in South Korea.

So far, South Korean and U.S. troops have hardly reacted to such threatening gestures from the North. This now appears to be changing. According to reports, the military has responded with a missile salvo of its own.

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“The U.S. and South Korean militaries fired eight ballistic missiles into the sea Monday, a show of force that matched a North Korean missile demonstration the previous day that continued a provocative series of weapons demonstrations,” reports AP.

According to international reports, North Korea had fired eight short-range missiles on Sunday, setting a record for the most ballistic missile launches from the North in one day.

The series of missile launches occurred within 35 minutes from at least four different locations, including from both coasts, North of the capital and inland. This appears to have been the cause for appropriate response in Seoul.

The South Korean military, which responded with its missile launches Monday, said, “The reciprocal missile launches were aimed at demonstrating the ability to respond quickly and accurately to North Korean attacks.”

According to the AP, eight Army Tactical Missile System missiles – one U.S. and seven South Korean – were fired into South Korea’s eastern waters within 10 minutes during the exercise between the two allied nations, according to the joint chiefs of staff of South Korea and U.S. forces in Korea.

According to the report, South Korean President Yoon Suk-yeol reiterated that Seoul would remain firm in responding to its northern neighbor and rival. “We will ensure that there is not a single crack in protecting the lives and property of our people,” he said.

With the help of the U.S. military, the South has again flexed its muscles against Pyongyang, launching seven surface-to-surface tactical missile systems (ATACMS). An additional eighth missile was fired directly from the U.S. side of the exercises.

The regular joint South Korea-U.S. exercises have consistently angered the North, leading to frequent threats and accusations from Pyongyang. However, with this latest missile launch as a “response” to the North, the latter could escalate further by conducting its tests with increasing frequency.

The question now is whether Washington and Seoul want to start a war with North Korea, given the already tense global situation (Ukraine war, Iran conflict, tensions of the West with China).

Tactically, this would be a threat to stability in the Asia-Pacific region on a geopolitical level, especially since Beijing could then see the favor coming and launch an invasion of Taiwan.

After all, a new Korean War would bind South Korea and the United States, and Japan which also has its historical and territorial conflicts with China.

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