Gold Prices Hit 2-Month Highs, Defensive Demand Continues

He said that North Korea "can be very very nervous" if it acts on either the U.S. or its allies, and warned that "things will happen to them like they never thought possible".

Japanese markets were closed for a holiday but the yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May.

Nevertheless, the geopolitical uncertainty looks set to continue, dealers said, following Trump's fresh warning Friday that the USA military is "locked and loaded" in the event of a misstep by the totalitarian state. "The market is interpreting it as lowering the odds of the Fed raising rates in December", said Keith Lerner, chief market strategist at SunTrust Advisory Services in Atlanta. Australia's S&P/ASX 200 edged down almost 0.1 percent to 5,760.90, while South Korea's Kospi fell 0.5 percent to 2,357.84.

The dollar pulled back against the euro and other currencies after the Consumer Price Index rose a tame 0.1 percent in July.

The downbeat inflation data added to growing expectations the Federal Reserve may abandon its plan to hike rates later this year, after the central bank left its benchmark rate unchanged in June, citing concerns over the stuttering pace of inflation.

Guardiola unmoved by Manchester City favourite tag
Perhaps we┬┤ve got to ensure that all our players give their all and hope that City are off-colour, but it can happen that way. City will begin their campaign on Saturday when they play away to newly promoted Brighton and Hove Albion .

Wall Street's so-called "fear gauge", the CBOE Volatility Index, hit the highest levels since Election Day on Friday (http://www.marketwatch.com/story/wall-streets-fear-gauge-on-course-for-biggest-weekly-surge-in-2-years-2017-08-11), after a spike on Thursday but was retreating in recent trade.

The yen tends to benefit during times of geopolitical or financial stress as Japan is the world's biggest creditor nation and there is an assumption that Japanese investors there will repatriate funds in a crisis.

The Korean won also continued to fall, down 0.45 percent to 1,147.2.

"More likely than anything else, the price action was a function of an overextended USA equity market that has been in need for a healthy correction off record highs", LMAX Exchange analysts said in a morning note.

"If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli, FX strategist at Mizuho in NY.

United in talks with Ibrahimovic about striker staying
Jose Mourinho has confirmed Manchester United are in talks with Zlatan Ibrahimovic about signing for the second part of the season.

On Thursday the greenback had shed 0.8 percent versus the yen, with the Japanese currency rallying broadly against most major currencies. The data suggested little sign of inflationary pressure within the economy.

Gold, a classic safe haven asset, was trading at around $1,292 per ounce, up more than two percent this week and near a nine-week high.

The 30-year bond US30YT=RR last rose 28/32 in price to yield 2.7759 percent, from 2.818 percent late on Wednesday.

Ongoing global glut concerns lingered in oil markets despite a bigger-than-expected draw in U.S. crude inventories, leaving prices volatile.

Mourinho: Manchester United in talks to re-sign Ibrahimovic
Mourinho does not necessarily buy into the idea that more goals are needed, just a fairer spread to help them win more matches. He added: "If the remaining 25 per cent doesn't arrive by August 31, I will not moan".

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Jose Mourinho provides update on potential Zlatan Ibrahimovic return
Aug 12, 2017 - 13:23
But the former Benfica player is adamant he remains "calm and ready to help my team" despite his new price-tag. He said that as of now I'm going to have more options in the build-up, to play both short and long balls.

Alvaro Morata admits Chelsea transfer doubts before Antonio Conte phone call
Aug 12, 2017 - 13:20
No wonder the Italian coach cuts a frustrated figure heading into the start of Chelsea's Premier League title defence. They have a lot of matches now and that means there's not the time to work like Conte wants [on the training pitch].

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Aug 12, 2017 - 12:31
On the Nasdaq , 1,462 issues rose and 1,227 fell. "The pot is on the stove boiling but no inflation steam is coming out". South Koreans watch a television displaying news broadcasts reporting on North Korea at a station in Seoul today.

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Aug 12, 2017 - 12:30
The consumer durables and consumer non-durables have recorded growth of (-) 2.1 percent and 4.9 percent respectively. Experts said they expect factory production is expected to remain muted in the months ahead.

Wenger gives updates on new Arsenal deal for Alexis Sanchez
Aug 12, 2017 - 12:26
Vardy scored again in the 53rd minute to put Leicester ahead once more, curling Riyad Mahrez's corner into the bottom far corner.

isis-killer-beheading-video-story-top Gold buoyed by North Korea tensions, USA inflation data
Aug 12, 2017 - 12:24
The kiwi came off a three-week low immediately upon the release of the Reserve Bank of New Zealand monetary policy statement. Computer hardware stocks rebounded following recent weakness, with the NYSE Arca Computer Hardware Index climbing by 1.4%.

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Aug 12, 2017 - 12:10
Mattis' comments follow President Donald Trump's threats against the rogue nation, according to CNN. He asks, "How often do you see France, China, Russia, the USA voting unanimously on any issue?"

Mover to Watch: Bank of America Corporation (BAC)
Aug 12, 2017 - 12:08
The medical research company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.07. Finally, Diligent Investors LLC purchased a new stake in Bank of America Corporation during the fourth quarter worth $632,000.

Guardiola wants Man City to play like Barca - Toure
Aug 12, 2017 - 11:40
We did it without pressure in friendlies and now we have to see how we react under pressure". He has to be strong but, of course, his quality is flawless for the way we want to play .

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Aug 12, 2017 - 11:40
Several Bollywood celebs such as Alia Bhatt, Karan Johar and Varun Johar lauded the Shree Narayan Singh film. Sat and Sun look better. "Being excited he wrote, "#ToiletEkPremKatha picked up rapidly post noon onwards.

isis-killer-beheading-video-story-top Kisner confident atop the PGA leaderboard
Aug 12, 2017 - 11:25
Rahm shot 70, and McIlroy " a two-time victor at Quail Hollow who lost to Fowler in a playoff there in 2012 " had a 72. McIlroy, 28, could become only the third player to win five majors before turning 30, joining Nicklaus and Woods.

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Aug 12, 2017 - 10:39
Then, in an even stranger turn of events on August 8th, Albert reportedly approached the team and requested to return to the team. He was due a base salary of $8.9 million in 2017 and $9.6 million in 2018, though none of that money was guaranteed.

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Aug 12, 2017 - 10:33
This is definitely a team to keep an eye on as the preseason progresses. "It's such an early process for this season", he said. The Bills' secondary did need to improve, as last season, they ranked 20th in Adjusted Defensive Passing NEP per play.

The Eastman Chemical (EMN) Receives Daily Coverage Optimism Score of 0.16
Aug 12, 2017 - 10:23
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Global stocks slide as US-North Korea nuclear tensions rise
Aug 12, 2017 - 09:53
As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 2 basis points at 2.192%. London's FTSE 100 was almost 1% down during morning trading with share indices in Germany, France and Italy also in the red.