Gold steady near 2-mth highs as N. Korea tensions continue
13 Août, 2017, 15:15 | Author: Marc Bacque
Traders across the globe reacted with dismay to Trump's warning Thursday that his earlier threat to unleash "fire and fury" on the reclusive nuclear-armed state may not have been "tough enough".
US President Donald Trump's brinkmanship in the escalating tensions with North Korea has taken a heavy toll on global markets, wiping $1 trillion off the value of shares worldwide. It earlier hit its highest since June 7 at $1,291.86.
The dollar weakened after news that USA producer prices unexpectedly fell in July, recording their biggest drop in almost a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase.
The pan-European FTSEurofirst 300 index lost 1.01 per cent and MSCI's gauge of stocks across the globe shed 0.26 per cent for a weekly loss of 1.6 per cent, the largest since the week to November 4.
MSCI's broadest index of Asia-Pacific shares outside Japan skidded 1.55 percent, its biggest one-day loss since mid-December.
The Swiss franc and Japanese yen are often sought out in times of geopolitical tension or global financial stress, partly because both countries have big current account surpluses. "So we're not going to get to a year-over-year number of 2-percent until some of these very low readings drop out of the statistics 6 to 10 months from now". "Pretty remarkable, perhaps even extraordinary, considering", said Tim Ash, strategist at fund manager BlueBay.
Disappointing U.S. inflation and jobs data have not helped the dollar.
The Korean won continued to fall versus the dollar, down 0.13 per cent to 1,143.5 on Friday for a 1.6 per cent decline on the week.
"If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli, FX strategist at Mizuho in NY.
The euro was 0.14 percent higher against the dollar.
Packers sign LS Brett Goode
Jansen, the team's initial long-snapper who all but had the job locked up, suffered a season-ending injury at the end of August. The veteran long-snapper will be competing against inexperienced Derek Hart for the starting job.
In the face of Saturday's United Nations sanctions, North Korea remained defiant, saying the UN's move was unwarranted and unfair. The sanctions can work only if North Korean leader Kim Jong Un concludes he has too much to lose by hanging on to his weapons.
Moretz ended the confession stating that one never knows what might happen and that maybe she might meet Carter one day. At the time, he claimed that there was an issue with his vehicle and that is why he was driving so badly on the road.
Ajax's defensive rock Davinson Sanchez will be looking to build on an excellent first campaign in Amsterdam. The Eredivisie heavyweights have also offered Sanchez a new contract in an attempt to persuade him to stay.
The vigil will be a time to remember those who were injured and killed at the rally in Charlottesville on Saturday, August 12. Police also said a helicopter crash that killed two Virginia state troopers outside Charlottesville was linked to the rally.
The Wall Street Journal was first to report that the legal team of special counsel Robert Mueller has started up a grand jury. US-Russia relation is extremely critical for the majority of the global affairs if one wants to find a peaceful solution.
The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. Aroon Up below 50 warns that the up-trend is weakening while Aroon Down below 50 signals that the down-trend is weakening.
Le règlement stipule pourtant que les candidates ne doivent "pas porter de tatouages ou de piercings voyants". Mais pour la grande élection, le subterfuge dont le comité de Martinique était au courant, ne passera pas.
One former Republican senator is calling on Congress to use the 25th Amendment to remove President Donald Trump from office. It has become a familiar exercise. "I believe that this idiot over there is trying to make a name for himself", said Mr.
Investors instead turned to safe-haven assets such as gold, pushing it to a two-month high, and the Japanese yen rose. Shares of Michael Kors ended up 21.5 per cent, after the luxury goods maker raised its full-year revenue forecast.
Video footage shows a silver Dodge Charger racing down the narrow street, plowing into pedestrians before slamming into two cars. Late in the afternoon, a Virginia State Police helicopter crashed in woodland south-west of the city, killing two people.
United States stocks fall again on North Korea tensions
Wall Street saw a stock sell-off on Thursday as rising tensions between the US and North Korea filled investors with worry. Pacific island territory of Guam in an unusually detailed threat that further heightened tensions with the United States .
How North Korea Tensions Impact Stock Markets — Interview
THE QUOTE: While the tough talk about the potential for nuclear war is scary, investors have heard it many times before. Turning to the oil-linked loonie, it managed to post some gains relative to the greenback despite weakening oil prices.
Tigers confirm signing of Benji Marshall
Halves Tuimoala Lolohea and Luke Brooks performed well for the Tigers and should gain plenty of confidence from this showing. Marshall, 32, has signed a one-year contract with the Tigers which will likely see him end his career at Concord.
Gold buoyed by North Korea tensions, USA inflation data
Japanese, British and USA 10-year government bond yields are also at or close to their lowest level since late June. In commodities , oil prices slid on doubts over whether OPEC production cuts are draining a global supply glut.