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Welcome to bloomberg daybreak europe. Im anna edwards. Manus cranny. A couple of push and pull factors in the market. Last week volatility was surging. Anna i noticed. Manus was that your opportunity, maybe, to sell volatility . Yes, we flagged those massive warns, its game on as north korea strikes guam. What does that mean . We had the biggest jump in volatility in three years. And they piled into an Exchange Rated fund that shorts volatility. The fund gains if the markets get coma. Anna investors are aware of the fact that when the vix rises, it typically falls afterward. That is reflected in the appetite. Lets look at the risk radar and show investors had that translate into headline stories around north korea how this translates into a risk on atmosphere. Asian equities, up by 0. 5 . On the one hand, you have these comments coming through from jim mattis, who says it is game on. But the wall street journal cites north korean media, saying kim jong un wants to watch the u. S. A lit

United statesNew yorkHong kongCity ofUnited kingdomNew zealandNorth koreaSouth koreaNorth koreanMichael heathNeil atkinsonBloomberg manusTracy allowayMario draghiJim mattisKim jong