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On Friday, Asian stocks went down and the Japanese yen along with Swiss franc rallied on the mooted probability of North Korea conducting another hydrogen bomb test. Most probably, the test will occur in the Pacific Ocean.
As North Korean Foreign Minister Ri Yong Ho informed on Friday the isolated regime could conduct another nuclear test in the Pacific Ocean.
MSCI's index of Asia-Pacific equities handed back earlier revenues and slumped 0.4% having dived 0.7% yesterday.
On Tuesday, the index had ascended to a decade maximum because Wall Street rose to record levels having fallen back after the major US bank heightened hopes for a third interest rate lift in 2017.
Besides this, Japan's Nikkei N225 decreased 0.2%, Australian equities AXJO rallied 0.2%. As for South Korea's KOSPI KS11, the benchmark inched down 0.5% on the fresh bout of geopolitical tensions.
The greenback dived 0.3% hitting 112.140 yen.
The Swiss franc edged up 0.2% being worth 0.9687 franc per greenback.
On Monday, US stocks surged because dives in Boeing and Facebook held profits in check and traders closely watched this week's Fed gathering for affirmation of the major financial institution’s commitment to patient monetary stance…
On Friday, European equities went up, breaching a five-month maximum recorded yesterday because market participants cheered upbeat signals over US-China trade negotiations and after British lawmakers underpinned a delay of a chaotic departure from the EU…
On Friday, Asian equities surged because market sentiment got better on a report that more progress has been achieved in US-China trade negotiations and after British lawmakers decided to postpone a potentially chaotic departure from the European bloc…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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