Asian shares turn lower on simmering North Korea tensions

Asian shares turn lower on simmering North Korea tensions

On Thursday, Asian shares went down because market participants fretted about the simmering tensions between America and North Korea, brining Seoul equities down to two-month minimums even as yesterday’s rush into safe-haven assets slowed.

Spreadbetters expected EU equities to follow suit. Experts hope Britain's FTSE will slide 0.6% and Germany's DAX along with France's CAC will start a bit lower.

MSCI's broadest index of Asia-Pacific stocks went down 1%.

Japan's Nikkei handed back earlier revenues too, shedding 0.1%,

Shanghai went down 1.1%, Hong Kong's Hang Seng decreased 1.6%. In South Korea KOSPI sagged 1.2% dipping to a two-month minimum to drift away from record maximums reached at the end of July.

The dips in some Asian equities, such as Japan's Nikkei, were restricted after Wall Street stocks concluded lower overnight because traders brushed off geopolitical worries.

The 10-year Treasury note yield dropped to a six-week minimum of 2.212% on ascending bond prices, but rebounded to 2.248%.

Similar

Asian equities rally as American government shutdown is over

On Tuesday, Asian equities managed to soar right after American senators struck a deal to have a three-day government shutdown resolved, thus sending Wall Street's key indexes to record maximums, while the evergreen buck slumped versus the Japanese yen…

Popular

Yen climbs up in Asia trade

On Friday, the Japanese yen leapt in Asia on safe-haven demand because political turmoil in Brazil reached risk sentiment and financial markets became cautious ahead of the weekend…

Pound tumbles vs yen

On Tuesday, the British pound sank versus the Japanese yen after a suspected terrorist attack at a concert in Manchester, while the common currency hovered close to a six-month peak versus the greenback after German Chancellor Angela Merkel told that the…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera