EghtesadOnline: Threats from fatal Hurricanes and North Korea’s missile program are unnerving investors, prompting them to seek shelter in haven assets.
EghtesadOnline: Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the aftermath of Donald Trump’s November election win.
EghtesadOnline: The yen’s underperformance relative to gold may indicate the currency is losing its haven appeal, with North Korea firing a missile over Japan and testing nuclear weapons just across the sea.
EghtesadOnline: Asian equities were mixed, the yen and gold extended gains, and Treasuries rallied as traders digested reports of North Korean plans for a ballistic missile launch on the heels of Sunday’s nuclear test.
EghtesadOnline: Asian stocks fell as investors turned to haven assets after North Korea’s dictatorship tested a nuclear bomb on Sunday, sending the yen, gold and Treasury futures higher.
EghtesadOnline: The dollar pulled away from the previous session’s 4-1/2 month lows against the yen on Wednesday as investors’ concerns over North Korea’s latest missile test eased for now, while the Australian dollar surged on upbeat construction data.
EghtesadOnline: Most Asian stocks advanced after President Donald Trump’s measured response to North Korean missile launches and comments from Kim Jong Un suggested geopolitical tensions will ease off. The yen fell for a second day.
EghtesadOnline: The dollar hit a four-month low against the yen on Tuesday after North Korea fired a missile that passed over northern Japan, the latest act of provocation by Pyongyang that has ramped up global tensions.
EghtesadOnline: Asian stocks fell and the yen gained after North Korea fired a ballistic missile over Japan, promising to fan simmering tensions with the U.S. Gold extended a rally above $1,300 an ounce and oil rebounded as investors weighed the damage from Tropical Storm Harvey.
EghtesadOnline: Donald Trump grabbed investors’ attention in an otherwise listless Asian trading session, with the yen rising and S&P 500 Index futures slipping with the Mexican peso as the U.S. president said he may end the North American Free-Trade Agreement.