Markets

Swiss franc eases slightly after spiking on North Korea tensions

Swiss franc eases slightly after spiking on North Korea tensions

However, references to the modernization of U.S. nuclear forces, a multi-year project begun last year, spurred a fresh threat by North Korea to fire four intermediate range missiles near Guam in a week's time. The market slide accelerated slightly in the last half-hour of trading as Trump denounced North Korea's nuclear program.

"I would expect the markets to react again pretty negatively to any more tough talk from either side, but for now, everybody seems to have settled down, and we'll see what happens".

"Donald Trump should be relieved of the powers of the presidency at the earliest date".

The market is concerned that North Korea could strike before any preemptive attack by the U.S. "His sick mind and reckless conduct could consume the lives of millions".

The benchmark Korea Composite Stock Price Index lost 12.44 points, or 0.52 percent, to 2,382.29 in the first 15 minutes of trading.

Even after their recent losses, USA stocks remain near their all-time highs.

Sterling touched a three-week low against the dollar as mixed output and trade data did little to alter investors' downbeat view of an economy struggling to meet Bank of England targets.

Note: The CBOE Volatility Index (VIX) closed at 10.96, its highest in about a month, while the CBOE SKEW INDEX, or "black swan" index, which measures the likelihood of extreme moves in the S&P 500 based on how traders are pricing the index's options is at 140.03 ahead of the U.S open. The Nasdaq composite fell 35 points, or 0.5 per cent, to 6,336. That's the index's lowest level in two months.

Senate Candidate Roy Moore Suggests New Focus of Evil for US
Unusual was appointed the seat earlier this year after Sessions became attorney general. Strange's new radio ad highlights comments Mr.

Australian shares were down 1.3 per cent, set for a weekly loss of 0.6 per cent and Chinese and Hong Kong bluechips lost 1.6 per cent and 1.9 per cent respectively.

The latest U.S. economic data cemented expectations that inflation will remain subdued amid a robust labour market.

"We do just not know what happens next with the North Korea situation", said BNY Mellon FX strategist Neil Mellor.

Financial stocks underperformed after U.S. Treasury yields fell as bond prices rose in a flight to safety by nervous investors. It was down 0.2% at 108.98 yen, after retreating 0.7% yesterday.

The yen is often sought in times of geopolitical tension, partly because Japan has a big current account surplus, and it being the world's biggest creditor nation, there is an assumption Japanese investors may repatriate their foreign holdings in times of heightened global uncertainty. Oil prices were headed higher.

Against the greenback, the Swiss franc eased about 0.1 percent to 0.9645 per dollar, having surged about 1.1 percent on Wednesday.

The dollar was steady against a basket of six major currencies at 93.385 after falling 0.2 per cent on Thursday, with disappointing USA inflation and jobs data adding to the greenback's woes. It added 39 cents to $49.56 a barrel overnight. It is poised to end the week down 1.9 per cent.


  • Russian Federation  ready for equitable dialogue with European Union  and US - Lavrov

    Russian Federation ready for equitable dialogue with European Union and US - Lavrov

    Lavrov did not directly comment on Pyongyang's threat to launch a salvo of ballistic missiles toward the U.S. Russian Federation has repeatedly voiced concern over the escalation on the Korean peninsula.
    Guardiola says current spending in football is unsustainable

    Guardiola says current spending in football is unsustainable

    He said: "We were favourites last season and missed out by 15 points, so being favourites this season means nothing". Guardiola said: " Hopefully next season I will be here and we are not going to spend how we spent this season ".
    Eagles Trade Jordan Matthews, Draft Pick to Bills for CB Ronald Darby

    Eagles Trade Jordan Matthews, Draft Pick to Bills for CB Ronald Darby

    The Eagles perceive their receiver group to be a strength now, after signing Alshon Jeffery and Torrey Smith during the offseason. The Bills also received a second and a third round pick in the upcoming 2018 draft.
  • Liverpool's Philippe Coutinho Hands in Transfer Request Amid Interest From Barcelona

    The Brazil global is also a doubt for Tuesday's Champions League qualifier away to Hoffenheim . Asked if Coutinho would be involved on Saturday, Klopp said: "No, he has back problems".
    Woman fatally attacked by hippo while on safari

    Woman fatally attacked by hippo while on safari

    Her grandson Eric Strickler wrote on Facebook: 'You were an unbelievable woman and the greatest grandmother anyone could ask for'. Kirken had posted as late as the day she died about witnessing a large animal migration, local Fox affiliate WJBK reported .
    Canadian diplomat in Cuba also suffered 'unusual symptoms'

    Canadian diplomat in Cuba also suffered 'unusual symptoms'

    Relations between the United States and Cuba broke down in 1961 at the height of the Cold War and the USA embassy was closed. The US embassy employees suffered symptoms resembling concussions and have since then traveled to the US for treatment.
  • FDA: Five deaths reported while using weight loss balloon treatment

    FDA: Five deaths reported while using weight loss balloon treatment

    Apollo's CEO Todd Newton said numerous patients who use the device as a weight-loss tool have other obesity-related health problems.
    Rifle believed to be used by Ian McCarthy recovered

    Rifle believed to be used by Ian McCarthy recovered

    The court documents indicate Noble gave police a written statement about buying, then later selling the gun to McCarthy. The prosecutor said he's considering more charges against Noble and whether to seek the death penalty against McCarthy.

    Chelsea boss Conte: We need Bakayoko - and another midfield signing

    Lukaku isn't the only player being reunited Mourinho, who also convinced former club Chelsea to sell Nemanja Matic to United. Home draws were a regular occurrence in Manchester United's disappointing sixth-place finish last season.
  • Trump exposed for corrupt premium charges at DC hotel

    Trump exposed for corrupt premium charges at DC hotel

    Since then, prominent political figures have been seen visiting and staying at the hotel, including members of Trump's Cabinet. The Trump International Hotel in Washington, D.C. has profited almost $2 million in 2017, according to newly released figures.
    Stocks drop as Korea tension saps mood

    Stocks drop as Korea tension saps mood

    For the week, the London index fell 2.7%, the biggest loss since the week ended April 21. Twenty-First Century Fox gave up 46 cents, or 1.6 percent, to $27.57.
    China's quantum satellite just sent back unbreakable code from space

    China's quantum satellite just sent back unbreakable code from space

    By 2030, China hopes to achieve its ambitious dream of establishing a global cryptography-based communication network. Any attempt to eavesdrop on the quantum channel would introduce detectable disturbances to the system, he added.