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Stock impact report

Asian shares to focus on North Korea tensions, with safe haven assets still in demand [CNBC]

CHINA MOBILE (CHL) 
US:NYSE Investor Relations: chinamobileltd.com/en/ir/reports.php
Company Research Source: CNBC
Asian shares to focus on North Korea tensions, with safe haven assets still in demand Geopolitical tensions involving North Korea are likely to weigh on investors' minds on Thursday, although some market watchers suggested tensions had ratcheted down. Demand for safe haven assets edged up overnight in response to President Donald Trump's Tuesday warning of "fire and fury" if North Korea continued to make threats against the U.S. The hermit state responded to Trump's rhetoric by suggesting it could strike Guam . Safe haven currencies remained in demand: The Japanese currency traded at 109.95 yen to the dollar at 6:43 a.m. HK/SIN, compared to levels around the 110 handle seen earlier this week. The Swiss franc also firmed against the dollar. The greenback fetched as little as 0.9629 Swiss francs overnight, compared to levels around the 0.97 handle seen in earlier sessions. The Korean won tumbled overnight, with the dollar fetching as little as 1,138.21 won in the Wednesday session compa Show less Read more
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