Guam's residents feel U.S. patriotism but growing concern

Traders work in front of the German share price index DAX board at the stock exchange in Frankfurt Germany

Trump tweeted Wednesday morning that one of his first orders as president was to "renovate and modernize" the nuclear arsenal.

Mr Trump on Wednesday took to Twitter to boast about the USA nuclear arsenal, while Secretary of State Rex Tillerson tried to inject calm into the situation, reassuring the American public that there was no imminent threat.

Most Asian currencies stumbled, with the Korean won on pace for its biggest fall in almost eight weeks. The stock fell $4.15 to $102.83.

European markets were also struggling amid the simmering political stand-off, with the Cac 40 in France dropping 1.4% and Germany's Dax tumbling by 1.1%.

Ms Madeleine Bordallo, Guam's delegate to Congress, said North Korea's nuclear capabilities were "deeply troubling", but she was confident the island was safe and protected.

"Tensions are still high and not going away at the moment".

The jump in the franc had prompted hedge funds to unwind leveraged positions which involved borrowing in the weak Swiss currency and investing the proceeds in the relatively higher-yielding Australian dollar and the Canadian dollar.

ENERGY: Benchmark U.S. crude added 28 cents to $49.45 per barrel in electronic trading on the New York Mercantile Exchange.

The Swiss franc reversed a two-week losing streak and gained 1.1 per cent to as firm as 0.9611 per dollar. The Nasdaq composite lost 37 points, or 0.6 percent, to 6,332.

Standoff with gunman on I-75 in Monroe County ends peacefully
They also said they are reopening northbound I-75 while the southbound lanes will remain closed a little longer. Michigan State Police vehicles joined the chase at Gibraltar Road and continued south into Monroe County.

The Japanese yen strengthened by 0.5 per cent to around 109.70 per dollar.

United States unit labor costs rise 0.6 per cent in the June quarter, which follows a 5.4 per cent in the March quarter according to Labor Department. The Swiss currency was also on track for its biggest daily gain against the euro since the Swiss National Bank removed its cap on the currency in January 2015. On the Nasdaq, 1,685 issues fell and 615 advanced favoring decliners.

Data showed USA producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while another set showed the number of Americans filing for unemployment benefits unexpectedly rose last week.

The 30-year Treasury bond rose 31/32 in price to yield 2.8191 per cent, from 2.867 per cent late on Tuesday.

Trump had told North Korea to not "make any more threats" to the USA or the country "will be met with fire and fury like the world has never seen".

Overall, second-quarter results have been stronger than expected with analysts now expecting S&P 500 earnings to have expanded 11.8 percent, up from 8 percent at the start of July, Reuters reported.

Gold hit its highest in nearly two months after Trump added to the geopolitical anxiety by boasting of the strength of the United States nuclear arsenal.

Gold rose 0.6 per cent to $1,268 an ounce. The figure showed a decline of 1.1% versus expectations for a 0.5% drop and reversing from a 1.9% gain in May.

US producer inflation is expected to come in at 0.1%, unchanged from the previous month.

Related News:

  • Overwatch League adds new teams from Rams, Cloud9 owners

    Overwatch League adds new teams from Rams, Cloud9 owners

    It also shows that, just like the National Basketball Association and Major League Baseball , more than one team can be based in a single city.
    Pro-Buhari rally hits Abuja

    Pro-Buhari rally hits Abuja

    The placard carrying pro-Buhari protesters kicked against what they described as rent a group which is trying to undermine the peace of Nigeria.
    Sixers, Celtics to play regular-season game in London

    Sixers, Celtics to play regular-season game in London

    Because the Sixers are the home team, season-ticket holders with automatic payment plans will not be charged for one game. The Sixers went 28-54 last season and the Celtics had the best record in the Eastern Conference at 53-29.
  • 2017 iPhones to reportedly come in three colors

    2017 iPhones to reportedly come in three colors

    This came as an astonishment as the primary breaks of iPhone 8 recommended inbuilt unique mark sensor on screen. So, that is the closest we could get to the actual product that will be launched sometime in September.

    Barrick Gold Corp (USA) (ABX) Can't Be More Safe. Trades Significantly Higher

    ValuEngine raised Eldorado Gold Corporation from a "sell" rating to a "hold" rating in a research note on Saturday, July 8th. The average twelve-month target price among analysts that have issued a report on the stock in the past year is C$25.17.
    Truck crash covers Arkansas highway in hundreds of pizzas

    Truck crash covers Arkansas highway in hundreds of pizzas

    The crash occurred in front of the Arkansas Department of Transportation office. "Except for the loss of the pizza, I guess". The 1 p.m. spill tied up traffic in both directions for miles, reports The Arkansas Democrat-Gazette .
  • Wisconsin LB Jack Cichy suffers ACL tear, will miss 2017 season

    Wisconsin LB Jack Cichy suffers ACL tear, will miss 2017 season

    He's more than capable to take over as the starter and don't be surprised to see the defense not miss a step in Cichy's absence. After losing both TJ Watt and Vince Biegel a year ago , Cichy was going to be the cornerstone of the Wisconsin defense.
    Channing Tatum pulls a

    Channing Tatum pulls a "Magic Mike" in a North Carolina gas station

    When Tatum tells the clerk he is heading on to Asheville, she suggests he could stay, and he asks if there is a party. The video shows the " Magic Mike " actor entertaining and interviewing clerks at the Sunoco Gas Station at 1237 W.
    Tesla Model 3: Buyers & Cancelled Orders Suffer Lengthy Delays

    Tesla Model 3: Buyers & Cancelled Orders Suffer Lengthy Delays

    Tesla Model Y: Audi Q3-sized Model Y will be Tesla's second SUV and use the same platform as Model 3 saloon. So much for a project that Musk himself has defined as a "hobby" that takes up "2% of his time ".
  • Japanese fighters conducted air drills with US B-1B bombers on Tuesday

    Locals here remember 2013, when North Korea threatened the Andersen Air Force Base , which hosts the U.S. That base and a US naval base are home to about 13,000 American military personnel.
    Bank of England to continue using 'animal fat' in notes

    Bank of England to continue using 'animal fat' in notes

    The polymer notes contain a tiny amount of tallow, which is commonly found in soap and candles, due to the production process. But the Bank said it had to balance this "against its other public duties and priorities" and other evidence it had gathered.
    Getting used to a Wembley way will be hard, admits Mauricio Pochettino

    Getting used to a Wembley way will be hard, admits Mauricio Pochettino

    It was a hard deal to turn down, especially as the player wanted the move, but Pochettino will argue that it isn't a great loss. Victor Wanyama and Moussa Dembele are the first choice central midfielders, but it is the front three that has the star power.


Most liked

US 'Needs More Low-Skilled Immigrants — NY Times
Democrats have embraced a point system in the past as part of broader deals to legalize most illegal immigrants. San Francisco-based immigration lawyer and immigrant's right advocate Lourdes S.

Virgin Australia to put inflight wi-fi on local, worldwide flights
In-flight Wi-Fi will be delivered in partnership with connectivity company Gogo and satellite telecommunications provider Optus.

" "Boenning Scattergood Reiterates "$5.00" Price Target for Cedar Realty Trust, Inc. (CDR)
Luscombe, Director, sold 1,500 with an average share price of $31.69 per share and the total transaction amounting to $47,535.00. On June 28 the stock rating was downgraded from " to "Underperform" in a statement from Boenning & Scattergood.

Chelsea star confirms Man Utd talks
When José Mourinho took charge of Manchester United previous year , Chelsea winger Willian was linked a lot with the club. United's economic power may not be in question, but their ability to challenge for the Champions League may take up to...

Uber Executive Ryan Graves to Step Down in Management Shakeup
Graves has worked at Uber for over seven years in several positions, including GM and CEO for a time. Graves was the first employee hired by Uber and quickly ascended the company's ranks.

USA bombers with Korea, Japan jets show ready to 'Fight Tonight'
B-1B bomber (L) flies over Korea along with a South Korean F-15K fighter on July 30, 2017, in this photo provided by the Air Force.

Bedridden for 10 months, 'Jolly' actor Sitaram Panchal loses cancer battle
However, the actor who was finally getting recognition in the film industry lost the three years long cancer battle on Thursday. Yesterday only this actor celebrated his twenty-sixth wedding anniversary with wife Uma Panchal and son Rishabh Panchal.

Deputy Minister of Higher Education granted R5 000 bail
His comments come after recurring concerns that Manana was receiving preferential treatment. Manana issued a media statement on Monday admitting to the assault .

Police Urge Extra Caution Around School Buses
It's a split shift and requires a lot of patience, all reasons school officials say this year is especially hard finding drivers. OH school buses travel more than one million miles each school year, transporting more than one million students daily.

Top US military officer due in Korea next week
Kim also said that the South Korean military had been "placed in a hard position with new security situations and new threats". Department of Defense is monitoring this situation very closely and is maintaining a condition of readiness".

Tremor recorded ahead of bridge collapse
Five people were injured after a truck and a vehicle drove into the collapsed bridge in the early hours of yesterday morning. It could not be established how often engineering inspections were conducted on the bridge.

ABC's 'pink slime' settlement likely cost Disney $177M
However, a BPI spokesman told FOX Business at the time that company officials were "extraordinarily pleased" with the settlement. Disney noted in its quarterly earnings report that it spent $177 million "in connection with the settlement of litigation".

Invitation Home Inc. (NYSE:INVH) Releases FY17 Earnings Guidance
Zelman & Associates raised shares of Invitation Home from a hold rating to a buy rating in a research report on Friday, June 23rd. SG Americas Securities LLC bought a new position in shares of Invitation Home during the first quarter valued at $112,000.

Percent Of Republicans Would Support Postponing 2020 Election
Any Republican who is not supporting this president with no questions asked is going to find themselves drummed out of the party. Sixty-eight percent believe millions of illegal immigrants voted. 73 percent believe voter fraud happens somewhat or very often.

Uber App Gets a Chat Function to Better Connect Drivers and Riders
Lermitte also revealed that Uber users, both riders and drivers , want to know if their messages are actually being read . There will be no need to do or bear any of that now because Uber has added an in-app messaging feature to its app.