Saturday, 19 August, 2017

Low market volatility now, but when it comes it could be huge

Mae Harvey | 11 August, 2017, 00:33

The North Korean army's announcement that it is examining operational plans for attacking Guam after rising tensions with President Donald Trump has brought more global attention to the tiny US territory in the Pacific than it has had in decades.

U.S. President Donald Trump's boasted about the strength of the country's nuclear arsenal on Wednesday, after North Korea said it was "carefully examining" a plan to strike Guam, a U.S. territory in the Pacific that is home to a U.S. military base. This morning Pyongyang said it could bomb the USA enclave of Guam in the Pacific.

After a dip of as much as 0.52 percent earlier in the day, Wall Street's three major indexes bounced off intraday lows.

In 3.28pm trading in NY, the Dow Jones Industrial Average fell 0.15 percent, while the Nasdaq Composite Index declined 0.18 percent.

Macy's shares closed down 10.2 percent and Kohl's fell nearly 6 percent as the companies continued to report a drop in quarterly same-store sales, stoking concerns that their turnarounds may still be a long way off.

XAutoplay: On | Off Gold climbed as traders exited stocks and fled to more secure ground, as the back-and-forth saber-rattling between the US and North Korea escalated. The back-and-forth statements from the two countries followed a Washington Post report on a us intelligence confidential assessment that concluded North Korea has made a miniaturized nuclear warhead that will fit inside its missiles.

About 7.5 billion shares changed hands on US exchanges, well above the 6.25 billion average for the last 20 days. The stock lost $142.20 to $1,906.80.

Nevsun Resources offset some of the material group's gains, plunging 18.4% to $2.685 after the company reported disappointing quarterly results.

Celebrity Big Brother 2017: Sarah Harding and Jemma Lucy in NASTY row
According to reports, Jemma claimed to have met Kanye before he started dating now-wife Kim Kardashian. When Jemma asked if they had a "falling out", Sarah coyly replied, "Oh, everyone's asking that".

Canadian military builds camp to house asylum seekers near USA border
People hold up signs in support of asylum seekers during a rally outside the Olympic Stadium in Montreal, Sunday, August 6, 2017. The majority of them, 3,350, crossed into Quebec, while 646 crossed into Manitoba, and 332 people crossed into British Columbia.

Instagram Photos May Reveal Who Has Depression, Study Says
That's more reliable, they say, than the 42 per cent success rate of family doctors trying to spot depression in their patients. Danforth points out that while their research holds promise, the technology is still far from flawless .

In Frankfurt, the DAX 30 dropped 1.1% to 12,154.00, and in Paris, the CAC 40 index was fell 1.4% to 5,145.70.

Spot gold rose 0.3 per cent to $1,264.50 per ounce at 0324 GMT, while U.S. gold futures for December delivery rose 0.6 per cent to $1,270.40 per ounce. Both slid to more than one-month lows.

"A combination of softer euro zone economic data, solid US reports and market positioning all resulted in a markedly heavier tone for the single currency", Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington, said in a note.

With the backdrop of rising tensions between North Korea and the U.S., Strategas Research studied the immediate and longer-term impact on the S&P 500 from a series of key events going back to World War II.

While North Korea is likely to remain in focus, a report on consumer price inflation may also attract attention on Friday, with consumer prices expected to rise by 0.2 percent in July.

Oil prices rose after a report showed United States refineries processed record amounts of crude in the latest week, eating into inventories. The September copper contract was down two cents to US$2.91 a pound.

Benchmark 10-year notes last rose 5/32 in price to yield 2.2255%, from 2.242% late on Wednesday. Brent crude, used to price global oils, gave up 29 cents to $51.85 in London. The Japanese currency, the yen, is often a safe have asset too.

Recommended

  • Giant inflatable chicken with golden hair stops by the White House

    Giant inflatable chicken with golden hair stops by the White House

    Tax Day March events this year have featured the chicken during protests of Trump's decision to not release his tax information. Following the flurry of images on social media, a Tax March Chicken Twitter account tweeted: 'This isn't my first rodeo.
    Spotify is finally available on Xbox One

    Spotify is finally available on Xbox One

    To celebrate the occasion, Spotify is also launching a new curated playlist from Microsoft exec Larry Hryb, aka Major Nelson. Players will have the ability to customise this Dashboard with their favourite items from Apps to Games to Hubs.
    Iranian drone forces United States  jet to take evasive action

    Iranian drone forces United States jet to take evasive action

    Navy F-18 fighter jet that was preparing to land Tuesday on an aircraft carrier in the Arabian Gulf. The F/A-18 was in a landing pattern several thousand feet off the deck of the ship waiting to land.
  • Trump pledges U.S.  will beat opioid drug epidemic

    Trump pledges U.S. will beat opioid drug epidemic

    Chris Christie , had recommended Trump administration to declare a national emergency to combat opioids. Gargiulo said resources are lacking for treatment and recovery, as well as for law enforcement efforts.

    Unsafe solar eclipse glasses with fake safety labels are 'flooding' the market

    You'd better have a hotel reservation, though. "The day of the solar eclipse is no different than any other day ", Herrell said. Use Gage County's free shuttle service to get around, since parking will be severely restricted in the area.
    Wall St opens lower as tensions with N.Korea escalate

    Wall St opens lower as tensions with N.Korea escalate

    As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.6 basis points to 2.283%. Brokerage stocks are among the few groups seeing notable weakness, with the NYSE Arca Broker/Dealer Index down by 1 percent.
  • British model not part of kidnap plot: Lawyer

    British model not part of kidnap plot: Lawyer

    In Ayling's statement to Italian police, she says she one night shared a bed with Herba, but she was never sexually abused. Herba told police that he cancelled the Paris job after he realized a group of Romanians meant to kidnap Ayling.
    Bayley To Miss SummerSlam, New Contender To Be Decided Next Week

    Bayley To Miss SummerSlam, New Contender To Be Decided Next Week

    As noted, Lesnar is booked for the No Mercy pay-per-view in September as well as live events after SummerSlam . However, the huggable superstar may not be able to make it to the ring.
    Sanctions against North Korea necessary to curb Pyongyang's nuclear program

    Sanctions against North Korea necessary to curb Pyongyang's nuclear program

    Late last month, North Korea proved its missile capabilities have reached a point where USA cities are within "target range". "As I said , they will be met with fire, fury and frankly power the likes of which this world has never seen before".
  • Florida mom drove to West Virginia with daughter's body, police say

    Florida mom drove to West Virginia with daughter's body, police say

    Police suspect foul play was involved in Plummer's death and they believe the girl died in Jacksonville. The woman said she was heading for Buffalo, N.Y., where the child's father lives.
    Over 60 women consider suing Google over discrimination

    Over 60 women consider suing Google over discrimination

    If the opposite decision had been made, you'd expect those on the left of the political spectrum to react in a similar fashion. Molyneux's previous videos have titles such as "Why Feminists Hate Men: What They Won't Tell You!" Educate them.
    Karan Johar shares first picture of twins Roohi and Yash

    Karan Johar shares first picture of twins Roohi and Yash

    This indeed came as a surprise because Kajol and Karan had a bitter fallout past year , post which the two stopped being friends. Karan Johar was ready to take the plunge and at the age of 44, he became a proud father of twins- Yash and Roohi .

Kylie Jenner's Family Threw Her a Surprise 20th Birthday Party Kylie Jenner's Family Threw Her a Surprise 20th Birthday Party This incident raised a question and doubt if there is a point watching the same content from different angles after five months. Now, Kylie Cosmetics produces 300,000 units each product. "BRAVO! I love you. mommy #kyliecosmetics", she added.

Ousmane Dembele Suspended By Borussia Dortmund Ousmane Dembele Suspended By Borussia Dortmund Frenchman Ousmane Dembele cut a serious and distant figure during Borussia Dortmund's media day as he ponders Dortmund future. Because the Dream Team game - the UK's biggest fantasy football game - is back and better than ever this season.

Nagasaki mayor: Threat of new nuclear attack growing Nagasaki mayor: Threat of new nuclear attack growing Abe didn't mention the treaty in his speech like three days earlier in Hiroshima, also the site of a nuclear bombing in 1945. Many died immediately while others succumbed to injuries or radiation-related illnesses weeks, months and years later.

Airlines Are Bumping Fewer Passengers Airlines Are Bumping Fewer Passengers The DOT since has launched a website where travelers can report issues including tarmac and flight delays, and discrimination. However, it had the worst on-time performance of the major airlines, with two out of every five flights arriving late.

Chester Bennington's family to decide if his 'Carpool Karaoke' will air Chester Bennington's family to decide if his 'Carpool Karaoke' will air You can see a six-minute clip of the series' first episode below, followed by an extended preview of the upcoming season. James Corden also explains that while Apple is new to television, "they're still Apple".

Auto accelerates into Paris soldiers Auto  accelerates into Paris soldiers A man wielding a knife was arrested on Saturday after trying to force his way through a security checkpoint at the Eiffel Tower . Prime Minister Edouard Philippe confirmed that the person arrested is the same man who carried out the attack.

Taylor Swift's groping trial begins Taylor Swift's groping trial begins Former disc jockey David Mueller has acknowledged that a photo of him with his hand behind Taylor Swift is "weird and awkward". In addition, Baldridge referenced Mueller's description of Swift in a court deposition as cold and standoffish.

Three Palestinians wounded in Israeli shelling on Gaza Three Palestinians wounded in Israeli shelling on Gaza The rocket landed in an open area, believed to be a building site, without causing casualties. Three injuries were reported، one of them critical، due to a fracture in the skull.

Venezuela's new Assembly declares itself superior to all other government bodies Venezuela's new Assembly declares itself superior to all other government bodies Chile's foreign minister Heraldo Munoz told reporters that the group does not intend to meddle in Venezuela's sovereign affairs. He appeared in a video released on the day of the attack encouraging other military units to join his rebellion.

Google fires employee at centre of gender gap memo storm Google fires employee at centre of gender gap memo storm Many companies in the United States have come under fire for not providing the same opportunities to women as men. Google refused to comment on the situation of the said employee but did not deny reports that he had been fired.

Military Can Destroy Drones Over US Bases: Pentagon Military Can Destroy Drones Over US Bases: Pentagon It was not immediately clear whether the new policy has changed access to the airspace above the silos or at other bases. How Close Can You Fly Your Drone Before It Gets Shot Down? The policy is classified.

Isaraeli Pilots reported problem before deadly helicopter crash Isaraeli Pilots reported problem before deadly helicopter crash Pilot David Zohar from Haifa، an Israeli Air Force pilot on reserve duty، was killed in the crash. The entire fleet of Apache helicopters has been grounded until the investigation is completed.

USDA office bans phrase 'climate change' from use - this is why USDA office bans phrase 'climate change' from use - this is why USA agriculture is a major source of heat-trapping gases, with 15 percent of the country's emissions deriving from farming practices.

Branden Albert Placed on Jaguars' Reserve/Retired List After NFL Comeback Report Branden Albert Placed on Jaguars' Reserve/Retired List After NFL Comeback Report The Jaguars keep his rights , but if Albert decides he really, truly wants to play again, they have to either pay or cut him . Albert, 32, was expected to compete with rookie Cam Robinson for the team's starting left tackle role in training camp.

BJP demands immediate counting of votes in Gujarat RS polls BJP demands immediate counting of votes in Gujarat RS polls The other six MLAs who did not join the 44 lawmakers in Bengaluru were his camp followers and were learnt to have voted for BJP . A jittery Congress shipped 44 of their MLAs from Gujarat to a resort in Bangalore to prevent any further defections.