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On Wednesday, Asian equities were mostly weaker because soaring tensions on the Korean peninsula sent caution through financial markets.
Japan's Nikkei 225 went down 1.28%, Australia's benchmark S&P/ASX 200 managed to ascend 0.52%.
The Hang Seng Index decreased 0.09% in Hong Kong, the Shanghai Composite headed south 0.18%. As for financial markets in Singapore, they were unavailable due to the National Day public holiday.
On Wednesday, Pyongyang responded with a threat to launch missiles at the Pacific island of Guam, exactly where the American extensive military facilities are situated.
The Dow Jones Industrial Average concluded lower being worth 22,085. In addition to this, the S&P 500 sank 0.24%, and the Nasdaq Composite hit 6370.46, losing 0.21%.
Fire and fury – that’s what Donald Trump promised North Korea if the isolated country dares to make extra threats to America.
His comments emerged hours after rumors that North Korea has successfully developed a miniaturized nuclear weapon for its missiles.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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