Декабря 12, 2017


Dollar falls below ¥110 in Tokyo on North Korea risks

13 Августа 2017, 04:48 | Hattie Nash

Dollar falls below ¥110 in Tokyo on North Korea risks

Dollar falls below ¥110 in Tokyo on North Korea risks

The Standard & Poor's 500 index fell 5.99 points, or 0.2 percent, to 2,474.92. But if North Korea were to launch missiles toward Guam or Hawaii "that would certainly be more of an escalation" that could potentially roil markets more.

Overnight, MSCI's broadest index of Asia-Pacific shares outside Japan had skidded 1.55 percent, its biggest one-day loss since mid-December, to leave it down 2.5 percent for the week. The yield on the 10-year Treasury note slipped to 2.21 percent from 2.25 percent late Wednesday. The Dow slid 33.08 points, or 0.2 percent, to 22,085.34. Banks and retail chains were also among the big decliners.

The report said labor productivity climbed by 0.9 percent in the second quarter after inching up by a revised 0.1 percent in the first quarter. Dillard's slumped 15.9 percent after the chain booked a loss for the second quarter as increased inventory led to big discounts. Crude oil prices extended their slide as exports from key OPEC producers rose, despite news of lower crude shipments from Saudi Arabia. It soared over 2 percent in the previous two sessions, and is set for a weekly gain of 2.25 percent.

OIL: Benchmark U.S. crude gained 13 cents to $49.69 a barrel on the New York Mercantile Exchange. Brent crude, used to price global oils, gained 40 cents to $52.54 in London.

Other energy futures trading was mixed.

In company news, News Corp shares dropped by $1.00, or 5.4 per cent, to $17.40 after the company reported a full-year loss of $US643 million ($A818 million), courtesy of lower ad revenues in its news business, and writedowns of fixed assets at its Australian and United Kingdom newspapers and its investment in Foxtel. Gold futures, which dipped $2.10 to $1,262.60 an ounce in the previous session, are jumping $18 to $1,280.60 an ounce.

Disappointing economic data releases weighed on both sides of the Atlantic today with a negative goods trade balance for the United Kingdom (-0.1% versus expectations of 1.4%), higher unemployment claims from the USA (244,000) and also a negative month-on-month PPI figure for the U.S. (-0.1%).

Читайте также: Liberty TripAdvisor Holdings, Inc. (LTRPA) Position Decreased by Parametric Portfolio Associates LLC

The dollar slipped to 109.26 yen from 109.85 late Wednesday.

"The direction in global equities will likely play a major role in the yen's direction today, while the market will also be interested to see what comes of US CPI data". Britain's FTSE 100 sank 0.7 percent to 7,447.21.

CURRENCIES: The euro was down 0.1 percent at $1.175 while the dollar fell 0.6 percent to 109.68 yen.

"A combination of softer euro zone economic data, solid US reports and market positioning all resulted in a markedly heavier tone for the single currency", Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington, said in a note.

Japan's benchmark Nikkei 225 inched down less than 0.1 percent to finish at 19,729.74.

But the S&P Bank sub-sector.SPXBK fell 0.7 percent on dimming prospects of another rate hike this year since higher rates tend to boost bank profits. Australia's S&P/ASX 200 edged down almost 0.1 percent.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог



Other News

Trending Now

Nemanja Matic: Premier League the 'main target' for Manchester United
He added: "I think we played everything so we don't lose this game". "This league is not easy". The club knows my priorities. "But it was a very good performance from Nemanja.

Western Gas Partners LP
The Firm is focused on the acquisition, ownership, and operation of single-tenant, industrial properties across the United States. Western Gas Partners, LP is a master limited partnership that acquires, owns, develops and operates midstream energy assets.

Investors Buy Caterpillar, Inc. (NYSE:CAT) on Weakness Following Insider Selling
On August 3 the company was upgraded from "Underweight" to "Neutral" in a report issued by Atlantic Equities. (NYSE:CAT). The stock has an average rating of "Hold" and an average price target of $107.15. (NYSE:CAT) rating on Friday, April 28.

Antonio Conte: 'Nemanja Matic is a great loss to Chelsea'
That is the opinion of former Manchester United right-back and pundit Gary Neville. "I think Matic [himself] personally maybe wanted to move on".

Arsenal battle back to win seven-goal thriller
Arsenal were sloppy on the ball in defense and gave away way too many balls, and they got punished for it when Vardy made it 2-1. But it was not to be as substitutes Aaron Ramsey and Giroud struck late on to seal a remarkable three points for Wenger's side.

Rajya Sabha logged 80% productivity, Lok Sabha 78% this session
He said, "For the first time all top posts (PM, President, VP and Speaker) are held by those with humble beginnings". Speaker Sumitra Mahajan said the monsoon session of the Lower House had had 19 sittings which lasted 71 hours.

The Middleby Corporation (MIDD) Upgraded to "Gradually Accumulate" at Wellington Shields
BidaskClub downgraded The Middleby Corporation from a "sell" rating to a "strong sell" rating in a research note on Friday. Shares of The Middleby Corporation (NASDAQ MIDD ) traded up 1.74% during midday trading on Friday, hitting $122.53.

We're Having Conversations - Jose Mourinho Confirms Zlatan Ibrahimovic Re-Signing Talks
Manchester City has been spending incredible sums every summer, and this one was no different. Its effectiveness again lies in allowing Matic, Pogba, and Herrera to play together.

Big-spending Guardiola leads chase of Chelsea
Chelsea , without European football, were able to run away with the title, as Leicester managed to do the season before. Here, we recap the first-team full-backs' form of last term, as well as taking a look at their exploits on tour.

Pilot ejects as U.S. fighter jet crash lands
That base oversees some 20 USA and coalition naval vessels in the Gulf providing security and others running anti-piracy patrols. The F-18 took off from the USS Nimitz, a US Navy supercarrier now located in the Persian Gulf, according to Stars and Stripes.