In more back-and-forth between President Trump and North Korea, Pyongyang General Kim Rak Gyom, leader of the country's strategic forces, said that "sound dialogue is not possible with such a guy bereft of reason and only absolute force can work on [Trump]".
South Korea's Kospi sank 1.7 per cent to 2,319.83 and Hong Kong's Hang Seng shed 1.8 per cent to 26,946.81. July's 0.1 percent increase in consumer prices suggests that the Federal Reserve may be less likely to raise interest rates next month.
NAB lost 1% despite the bank reporting a 5% rise in its third-quarter cash profit. While machinery orders are regarded to be a volatile metric, they could influence market sentiment. The dollar index, which measures its strength against a basket of currencies, gained 0.1 percent to 93.490. Brent crude, used to price worldwide oils, declined 29 cents to $51.61 per barrel in London.
Stock markets took the brunt of risk-averse trading on Wednesday after an overnight escalation of tensions between the U.S. and North Korea forced investors into haven assets such as gold, Treasuries and the Swiss franc.
Former Chelsea Star: Why Mourinho Will Win The EPL With Man Utd
Manchester United will kick off their new campaign on Sunday at Old Trafford against West Ham . "He's injured, he needs time to recover".
Markets had earlier stabilised as US Secretary of State Rex Tillerson had tried to ease the tensions, saying he did not believe there is "any imminent threat" to Guam and that diplomacy would prevail.
"Although risk aversion was felt in Europe, the toning down of language saw a recovery in the US (session)", National Australia Bank economist Tapas Strickland said in a Thursday note.
"(Safe-haven demand) has settled down to a certain extent, but the market is still expecting more news to come", said Brian Lan, managing director at gold dealer GoldSilver Central in Singapore.
As reported at 10:58 am (JST) in Tokyo, the USD/CHF was trading at 0.96 Swiss Francs, a gain of 0.17%.
The Japanese yen hit an eight-week high against the USA dollar, and US -traded Nikkei stock futures dropped 2 percent to their lowest since mid May.
Michael Carrick expects Man Utd to be title contenders
Huddersfield may have signed 11 players but still I still expect them to have a tough experience along with Brighton . But the grassroots footballer, Lovepreet Singh , believes Liverpool have the potential to have a great season.
Investors opted for the perceived safety of US Treasuries, which pushed the yield on the 10-year note three basis points lower to 2.21 percent.
The S&P is trading near its most expensive valuation level since 2004, as measured by the price-to-12-month forward earnings ratio.
The US currency did find some relief as US yields recovered ground and the gold retreated from its best levels.
Toyota shares tumbled 1.57 percent to 6,236 yen and Nintendo was off 1.83 percent to end the session at 37,490 yen.
In the United Kingdom, gold mining stocks Randgold Resource and Fresnillo were among the few to gain - up 2.8% and 4.9%.
Trump Sparks Backlash for Blaming Violence on 'Many Sides'
A auto plowed into a group of the counter-protesters Saturday, killing a 32-year-old woman and leaving 19 others hurt. Trump condemned the incident as an "egregious display of hatred, bigotry and violence, on many sides".
A separate report from the Labor Department showed an unexpected uptick in initial jobless claims in the week ended August 5th.
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