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N. Korea has it seems instilled fear into....>

STOCKS
STOCKS: N. Korea has it seems instilled fear into the markets with most of Wall
Street indices ending lower along with European stocks. The Asian markets
haven't escaped although showing signs of stabilising as gains in gold and yen
steadied too... The Nikkei 225 is currently down 20.29pts at 20337.29 as it sits
in the lunch break. Investors earlier retreated to safe havens in fixed income
markets after the N. Korea foreign minister said it could fire even if the U.S
were not in local airspace as comments from Trump suggesting the U.S would take
out N. Korean leadership were considered by N. Korea as 'an act of war.'
- As predicted by sources early on in the session, 'the sector of the Aussie
market that looks set to perform is energy, with both Brent and US crude gaining
over 2.5%.' The ASX is up last at around 5685.301. Similarly one of the only
sectors up within in the Nikkei is energy, as company Inpex extends gains
benefitting from oil rallies and the Hang Seng index lies relatively flat but
again energy best performing.
- USDJPY dipped to 111.5 after meeting minutes were released by BOJ but now at
111.61 after hitting 112.53 during yesterdays Asia-Pac session.

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