Trump on North Korea

U.S./North Korean Tensions Lift the Swiss franc, Yen, Yuan and Gold

August 9, 2017

President Trump’s warning to North Korea of fire and fury has captured market attention. The dollar fell 0.8% against the franc, 0.5% versus the Chinese yuan, 0.3% relative to the yen, and 1.2% against gold. Sovereign debt is in demand, meanwhile, with 10-year yields down 4 basis points in the United States and France, six […] More

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