North Korea's latest missile sends FTSE 100 and world markets CRASHING as gold prices soar.

STOCK markets have plunged after North Korea fired a missile over Japan, with the FTSE 100 crashing more than one per cent, amid rising fears of world nuclear war. 

 Panicked investors sold out of stocks and shares and rushed to put money into safe havens, such as gold, amid the latest provocative move by Kim Jong-un.

Britain's FTSE 100 sank to 7,314, while Germany's DAX and France's CAC 40 also fell by more than one per cent, after worries hit Asian markets and America's Dow Jones overnight.
Japan's prime minister Shinzo Abe said North Korea is now an "unprecedented" threat to his country.
The world is now waiting for Mr Trump to react to the latest move from the rogue state.
It comes after US and Japanese forces finished a joint drill in the region.
Tensions between North Korea and the US have jumped in recent weeks, with a war of words breaking out between Pyongyang and President Donald Trump.
But experts said the situation has now become more serious, prompting traders to run for cover.
Gold prices jumped above $1,300 for the first time in almost 10 months.

 

The South Korean military said the missile was fired eastward just before 06:00 local time (21:00 GMT) from near the North's capital, Pyongyang - which is rare.
Early analysis of the launch suggests the missile:

• flew a distance of more than 2,700km (1,678 miles)
• was likely to have been a Hwasong-12, a newly developed intermediate range weapon
• reached a maximum altitude of about 550km (342 miles), lower than most previous North Korean tests
• fell into the North Pacific Ocean 1,180km off the Japanese coast after breaking into three pieces