Asia in the Red on North Korea Turmoil

The dollar index, which measures the greenback against a basket of six major rivals, fell as much as 0.5 percent to a session low of 92.183 and was set for its biggest daily percentage decline in eight days.

The dollar fell 0.1 percent to 108.72 yen and touched a low near 108.50 yen in Asian trading.

A top North Korean diplomat warned that his country was ready to send "more gift packages" to the United States as world powers struggled for a response to Pyongyang's latest nuclear weapons test. Meanwhile, South Korea said it expects more missile tests in North Korea.

Lastly, investors are also watching Hurricane Irma, which is threatening the Caribbean islands and Florida, just one week after Hurricane Harvey disrupted refineries in Texas.

"It's definitely North Korea".

The Federal Reserve's rate hikes over the past year and a half may be harming the economy, Federal Reserve Bank of Minneapolis President Neel Kashkari said Tuesday. "It's partly Irma. You are looking at another possible hit to our economy", said Karl Haeling, vice president at Landesbank Baden-Wurttemberg in NY.

Kohli second only to Tendulkar
The right-hander went on to complete his 30th ODI century, equaling former Australian captain Ricky Ponting's tally. Shikhar Dhawan is the fourth highest-ranked Indian on 14th position with 733 rating points.

"Treasury yields that had closed strongly higher on Friday are also being pegged back as the USA comes back on line after being closed for Labor Day public holiday".

In Europe, markets also ended also lower, with stocks cutting morning gains and investors shifting into bonds [GVD/EUR] and the yen.

Signs of rising inflation pressure in euro zone data put the focus back on Thursday's meeting of the European Central Bank and its plans to reduce its stimulus program. The modest expected increase (about 0.5 percent m/m) in orders for nondurable goods would soften somewhat the impact of the substantive drop of more than 6-1/2 percent m/m in new orders for durable goods. The Canadian dollar traded at C$1.2392 to the USA dollar after hitting a two-year high earlier in the week in anticipation of the rates decision. The Nasdaq tallied a record closing high after minting its best week of the year. US gold futures (GCcv1) gained 1.07 percent to $1,344.60.

Gold, another asset sought in troubled times, edged down 0.1 percent to $1,337 an ounce after touching $1,344 on Tuesday, its highest since September 2016.

Seoul said it had struck an agreement with the United States that would allow it to beef up the size and potency of its warheads.

US crude (CLcv1) rose 2.62 percent to $48.53 per barrel and Brent (LCOcv1) was last at $53.14, up 1.53 percent. USA gasoline futures declined 1.34 percent to $1.6763 a gallon.

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