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'This may have been interpreted by investors as a sign that the US will approach the situation in a more measured and diplomatic manner, as opposed to raining down 'fire and fury',' he said. 'Instead of the (U.S.) President responding to the escalation via Twitter, as has happened on many recent occasions, the White House issued an official statement to condemn the action,' said IronFX analyst Charalambos Pissouros. Trump, who has vowed not to let North Korea develop nuclear missiles that can hit the mainland United States, said the world had received North Korea's latest message 'loud and clear'. Fears that this could trigger an aggressive response receded on Wednesday after the United Nations - in a statement drafted by the United States - condemned North Korea's latest missile launch but held back any threat of new sanctions.

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