Gold steady near 2-mth highs as N. Korea tensions continue

Preventing nuclear war is bigger than any political shenanigans

According to reports, North Korea said it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Pacific island territory of Guam.

The Nasdaq Composite .IXIC was down 68.30 points, or 1.08 percent, at 6,284.03.

Australian shares were down 1.2 percent, set for a weekly loss of 0.5 percent. Trading was thinner than usual, with Japanese markets closed for a public holiday.

The price of gold also surged for the second day in a row as the December bullion contract advanced US$10.80 to US$1,290.10 an ounce.

"Of course, it's all come at a time when share markets are due for a correction, so North Korea has provided a flawless trigger".

Trump took specific aim at North Korean leader Kim Jong Un on Thursday, saying, he had "disrespected our country greatly", and would not be "getting away with it". Over the next three months, the average gain has been good but not great - +1.15%. Japan's Nikkei 225 Index edged down by 0.1 percent, while Hong Kong's Hang Seng Index tumbled by 1.1 percent.

North Korea on Thursday outlined details for a missile strike near the U.S. territory of Guam, adding fuel to rising tensions with the United States. These ranged from an investigation into Russia's possible interference in the 2016 USA presidential election, to concerns about China's risky debt levels, to stubbornly low inflation in the U.S.

United States stocks deepened their losses following the latest Trump comments, and the S&P 500 volatility index, known unofficially as the "fear index", rose decisively. The index closed at 16.04 overnight, the highest level since November 8, when Trump was elected president.

Falls of just 0.3% were recorded by both the Dow Jones industrial average and the more broad-based S&P 500 in early trading.

Below that level lies another key technical chart support level for the dollar at 108.13 yen, a trough the US currency k plumbed in mid-April.

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The value of the total investment in DineEquity, Inc went from $677,000 to $204,000 decreasing 69.9% for the reporting period. DineEquity stock ( DIN ) rose $1.52, or around 4 percent, on Thursday to close at $38.81 on the New York Stock Exchange.

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He also said that farmer loans are going to have a deflationary, not inflationary effect if states' borrowing limit is not raised. One of his favourite pinch-inflation easing out so should the monetary policy be has found its way into the Survey.

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Sharif is now holding rallies across Punjab, where the city of Lahore - the Sharif family's home town - is the provincial capital.

Sterling was last trading at US$1.3007, up 0.25 per cent on the day.

The dollar extended losses against the yen to hit a new two-month low. Economists had expected prices to rise by 0.2 percent. The precious metal is often seen as a safe haven for investors during times of uncertainty.

"The level which we are looking at now is $1,300". The yield - or interest rate - on a benchmark 10-year US Treasury bill dropped to 2.24%, while a 10-year German bund was yielding 0.43%.

Significant weakness is also visible among semiconductor stocks, as reflected by the 2.2 percent loss being posted by the Philadelphia Semiconductor Index.

Financial stocks underperformed after US Treasury yields fell as bond prices rose in a flight to safety by nervous investors.

The Canadian dollar was trading at an average price of 78.67 cents United States, down 0.04 of a USA cent.

Positive sentiment was also generated by a report from the Labor Department showing just a modest uptick in consumer prices in the month of July.

The yen on Friday added to a strong weekly rally against the dollar of close to 1.5 per cent, hitting its highest versus the greenback in nearly four months, at 108.73 yen.

Crude oil prices fell on Thursday, on concerns of lingering global oversupply as Russian Federation considered a future output resumption and OPEC boosted its July production numbers.

USA crude was down 0.9 percent at $48.16 per barrel, on track for a weekly loss of 2.9 percent. It is poised to end the week down 1.9 percent.

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