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+++ Exchanges ticker +++ – North Korean rocket causes uncertainty News

Tuesday, August 29th, 2017 | Economy

The price of gold continues to grow. An ounce costs 1316.41 dollars on Tuesday morning. This is the highest level since November last year. The geopolitical uncertainties associated with North Korea are causing increasing demand. The fact that the Federal Reserve was hardly able to comment on monetary policy at the symposium of central bankers in Jackson Hole also pushed the dollar and stimulated the demand for the yellow precious metal. This year, gold has already increased by 14 percent.
North Korea fired a rocket on Tuesday, which flew over Japan and later fell into the Pacific. The Nikkei index with the default values ​​in Tokyo dropped by 0.6 percent to 19,330 points. At times he was at the lowest level in almost four months. The broader topix fell 0.3 percent to 1595 counts. In Seoul, the Kospi Index lost more than one percent to 2343 points. The South Korean Ministry of Finance announced that it would stabilize markets if necessary. The euro was slightly down at 1.1967 dollars. The dollar dropped 0.4 percent to 108.80 yen.
Here's what analysts are saying about Japan and U.S. Options after North Korea fires latest rocket https://t.co/dMvpoxcR1N pic.twitter.com/ywvay19meM
– Bloomberg (@business) August 29, 2017

(Cash / Reuters / AWP)


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