Economy

Swiss franc consolidates after rallying hard on North Korea tensions

Swiss franc consolidates after rallying hard on North Korea tensions”

The North Korean army announced it was examining plans for attacking the island, which serves as a launching pad for the US military.

But others believe North Korea has no intention of backing down.

"We call on Pyongyang not to raise tensions further, and to engage in a credible dialogue with the worldwide community".

Tokyo's blue-chip index tumbled 1.3 percent to its lowest close since late May after the Dow's winning streak of nine straight records ended following Trump's sharp rhetoric of "fire and fury", with the main European bourses also opening lower Wednesday.

"My first order as President was to renovate and modernise our nuclear arsenal". 'Everyone's afraid, because we're dealing with powers that's beyond us'.

"May God bless the people of Guam, and may God bless the United States of America", he concluded.

According to the Pentagon's Missile Defense Agency, the missile defense system, which entails a tracking radar, launcher, interceptor missiles and an integrated fire-control system, has a 14 out of 14 test intercept success rate since 2006.

"We have more skin and more land in the game", Underwood said.

McCain says he takes exception to Trump's comments "because you got to be sure you can do what you say you're going to do".

"I want to reassure the people of Guam that now there is no threat to our island or the Marianas", Mr Calvo said.

"Heightened geopolitical risks overnight have seen the markets flip from risk-on to risk-off and we have to wait and see how long this move runs before adding some positions", said Viraj Patel, an FX strategist at ING in London.

"I want to ensure that we are prepared for any eventuality".

As for the specter of a North Korean attack, that is not new for Guam. Both slid to more than one-month lows. It has since been used in Syria and the wake of the Ukraine-Russia crisis. That mission follows an operation over the Korean Peninsula in late July, in which the warplanes were scrambled from Guam as a response to North Korea's second test of an intercontinental ballistic missile that experts said could have reached as far as NY.

"As of this [Wednesday] morning, we have not changed our stance in confidence that the U.S. Department of Defense is monitoring this situation very closely and is maintaining a condition of readiness, daily", he said.

Republican Sen. John McCain says "great leaders" don't threaten foes unless they're ready to act - and he's not certain President Donald Trump is ready to act against North Korea.

Australia is regarded as a North Atlantic Treaty Organisation "partner" state that has contributed troops to missions in the past but is not a fully fledged member.

But Calvo said it was the military which provided protection.

North Korea has warned of strikes against the United States before.

Early indications from US equity futures suggest a second session of declines on Wall Street after each of the three major indices fell sharply into the close of trading Tuesday after Trump addressed the North Korea with reporters at his golf resort in Bedminster, New Jersey.

Hawaii's Emergency Management Authority made headlines after issuing emergency guidance advising people to seek shelter within minutes of an attack, avoid looking directly at light and staying in blast resistant shelters for up to 14 days.



Like this

Latest


11 August 2017
EastEnders spoiler: Steven Beale star drops MAJOR hint about character's exit
But according to reports, Aaron is the mystery cast member bowing out in scenes to air later this year. EastEnders has revealed that Aaron Sidwell is leaving the show with "explosive scenes" planned.

11 August 2017
Arsenal's Theo Walcott hails 'absolute tank' Sead Kolasinac
It seems that Olivier Giroud got a taste of what's to come during the Community Shield at Wembley on Sunday. France worldwide Lacazette left Lyon to sign for the Gunners, where his pedigree appears to be huge.

11 August 2017
China Steps Up Censorship of Social Media Sites
In recent months, regulators have taken severe and unprecedented moves to shutter content and media across a variety of platforms. China's largest social media platforms are being investigated for suspected breaches of the nation's strict cybersecurity laws.

11 August 2017
Nikkei flat as North Korea fears recede; financial stocks tumble
Futures pointed to further declines on Wall Street , with S&P 500 futures down 0.4 percent and Dow futures falling 0.3 percent. The Dow Jones industrial average lost 50 points, or 0.2 per cent, to 22,032. "The yen is the big story really".

11 August 2017
U.S. wholesale prices edged down 0.1 percent in July
The Labor Department said on Friday its Consumer Price Index edged up 0.1 per cent last month after being unchanged in June. The modest gain in consumer prices could worry Fed officials who have largely viewed the retreat in inflation as temporary.

11 August 2017
Dead, 175 Injured as Quake Strikes China's Sichuan
Almost 60,000 people - around half of which were tourists - were evacuated from quake-hit towns and villages Wednesday. Authorities said 1,680 private homes across Jiuzhaigou's 17 townships suffered varying degrees of damage.

11 August 2017
The Cantor Fitzgerald Reiterates "Overweight" Rating for Amazon.com, Inc
Following the transaction, the chief executive officer now owns 10,000 shares of the company's stock, valued at $9,873,900. Amazon.com, Inc offers a range of products and services through its Websites. (NASDAQ:AMZN) or 17,498 shares.

11 August 2017
Ranking the top five Premier League attacks: Which club is king?
In search of goals, Manchester United turned to last season's second-highest scorer. They know how to play these games . "My time at Chelsea is full of great memories".

11 August 2017
Jab Harry Met Sejal 1st Week Collection: 7th Highest Of 2017
For the first time in his career, Shah Rukh Khan will be playing the role of a dwarf in Aanand L Rai's film. However, the kind of crash that it has seen and the general avoidance from the audience is unprecedented.

11 August 2017
Banco Bradesco SA (NYSE:BBD)
Schroder Investment Management Group expanded its ownership by buying 4,204,598 shares an increase of 26.6% as of 03/31/2017. News articles about Banco Bradesco SA (NYSE:BBD) have trended somewhat positive recently, Accern Sentiment Analysis reports.



Recommended