North Korea standoff wipes $1trn off global stocks
13 Août, 2017, 13:39 | Author: Marc Bacque
The Nikkei slumped to its lowest close for nearly three months Wednesday, leading an Asia-wide sell-off sparked by President Donald Trump's apocalyptic warning over North Korea's weapons program.
FIRE AND FURY: Keeping up his tough talk, Trump told reporters that North Korean leader Kim Jong Un's government should "get their act together" or face extraordinary trouble, and suggested his earlier threat to unleash "fire and fury" on North Korea was too mild.
The so-called fear gauge - the CBOE Volatility Index (VIX), the most widely followed barometer of expected USA stock market volatility, hit its highest since November 8, when Mr Trump was elected president.
Investors also drew some encouragement from new government data showing US inflation at the consumer level inched higher last month.
Tokyo's Nikkei 225 share index closed down 1.3 percent at its lowest since June 1 as the strong yen hit exporters, while South Korea's KOSPI index fell 1.1 percent to seven-week lows.
The ongoing political crisis that has seen North Korea state it was seeking to strike the US Pacific island territory of Guam within days, prompted gold speculator Dennis Gartman, editor and publisher of The Gartman Letter to say he believed gold was on the cusp on a significant break out.
Dai-ichi Life Holdings dropped 1 percent, T&D Holdings fell 2.2 percent while Mitsubishi UFJ Financial Group declined 0.9 percent.
Découverte d'un nouveau cas de fillette enceinte
Les parents devront alors décider s'ils veulent prendre soin du bébé qui va naître ou le faire adopter. Cette fois-ci c'est une fillette de 11 ans, enceinte de six mois, qui a été hospitalisée.
Both rich and poor fought for India's freedom: Azad
Though Mr Azad did not refer to Mr Modi's remarks but his own remarks were seen as a counter to the Prime Minister's statement. Mr Modi and Lok Sabha Speaker Sumitra Mahajan too had skipped naming Nehru in their speeches.
Rising costs for housing, medical care and food helped push the Consumer Price Index (CPI) up 0.1 percent in July, seasonally adjusted, after no change in June and a 0.1 decrease in May, the US Labor Department said.
The Standard & Poor's 500 index fell 0.2 percent, to 2,474.92.
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 Nasdaq added 39.68 points, or 0.6 percent, to 6,256.56.
Nervous traders have scrambled to take refuge in traditional safe havens such as gold, silver, bonds, Japanese yen and Swiss franc, dampening interest in risk assets such as equities and industrial commodities.
US Treasury long-dated yields dropped to six-week lows, pressured by US-North Korea tensions and the weak data that further reduced expectations of an interest rate hike in December. Chinese blue chips are about flat but Hong Kong's Hang Seng index is down 0.3 percent.
Benchmark 10-year notes last rose 5/32 in price to yield 2.2255 per cent, from 2.242 per cent late on Wednesday. Australia's S&P/ASX 200 dropped 1.2 percent to 5,693.10.
CURRENCIES: The dollar fell to 109.96 yen from 110.48 yen late Tuesday. The NYSE Arca Biotechnology Index plunged by 3.4% to its lowest closing level in well over a month. Brent crude, used to price worldwide oils, rose 20 cents to $52.10 a barrel in London. Against the euro, the dollar is valued at $1.826 compared to yesterday's $1.1772.
But if Mr Trump does announce a trade crackdown on Monday, it suggests the president still thinks Beijing has more to do. They reiterated their mutual commitment to denuclearize the Korean peninsula, the White House said in a statement.
And although Wenger admits that he is a fan of the 26-year-old attacker, he says that Arsenal were never close to his signature. Download the Nigeria Today app from Play store. "He came here tonight and got the goals his performance deserved".
Trexquant Investment LP purchased a new position in Black Box Corporation during the first quarter worth approximately $180,000. The Company is involved in designing, building, managing and securing the information technology (IT) infrastructure.
The former Girls Aloud singer welcomed baby Bear to the world in March with her One Direction star boyfriend Liam Payne . The big news comes after the 34-year-old returned to work to shoot a very special campaign for L'Oreal makeup.
You saw that in the Uefa Super Cup game - he'll fit very well in there. "It's just unusual that he's gone to a competitor". Antonio Conte concedes that the departure of Nemanja Matic was an unexpected blow to his plans at Chelsea this season.
Trump has stepped up warnings that Kim's regime would face a devastating military strike if it continued threatening the U.S. Professor Lucas said: "The Chinese and the USA have been talking behind the scenes for months about what to do".
Tropical Depression 8 forms in the western Atlantic
The track of the storm takes it between Hatteras and Bermuda on Tuesday, keeping it off the Carolina coastline by approx. Here's a look at the forecast track of Tropical Depression 8, which will likely become Gert on Sunday.
Aubameyang bat un record — Dortmund
Ce samedi après-midi, le BVB affrontait Rielasingen-Arlen pour le compte du premier tour de la Coupe d' Allemagne . L'ancien Stéphanois est encore loin d'Adi Preissler , le meilleur buteur du club et de ses 168 buts.
Noble Group sinks deeper with $2.4b loss in Q2
Once Asia's largest commodities trading house, Noble is slimming down drastically to its core Asian coal-trading business. Noble said it accounted for a US$1.3 billion noncash valuation adjustment on its balance sheet, leading to the loss.