Dow futures are down over 120 points (and Nikkei 225 down over 200 points) at the reopen following North Korea’s ‘successful’ firing of a ballistic missile across Japan.

Gold futures spiked to $1325 as USDJPY plunged.

The USDJPY is tumbling on the news. Breaking below 108.50, a break of April’s 108.12 may require more than a little help from Kuroda and friends.

Japanese equity market futures plunged to 4-month lows.

And VIX futures are snapping higher…