Мировые фондовые индексы обвалились, то от северокорейской угрозы, то от твиттов Трампа: https://www.wsj.com/articles/trump-rhetoric-sinks-global-stocks-1502418910
А кто на этом заработал?
The U.S. dollar fell to a two-month low against the Japanese yen on Thursday as escalating tensions between the U.S. and North Korea sent investors into assets seen as safe.
The dollar fell 0.8% against the Japanese currency to ¥109.19, its lowest level since June. The WSJ Dollar Index, which measures the U.S. currency against 16 others, fell 0.2% to 86.14.
The Japanese yen, gold and other assets seen as safe have risen in recent days
The South Korean currency has been hit particularly hard by the rhetoric. The won fell another 0.6% against the dollar Thursday, bringing its loss for the week to 1.5%.
Other currencies seen as risky, such as the Taiwan dollar and Philippine peso, have also declined.
“The pullback in riskier assets like stocks, commodities and emerging market currencies...is likely to continue as long as investors see rising risks to global financial market stability from geopolitical uncertainties,” said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in a research note.
U.S. government bonds rose Thursday after a lackluster report on domestic business prices showed muted inflation while heightened geopolitical tensions with North Korea persisted.
The yield on the 10-year Treasury settled at 2.211%, its lowest level since June 27, compared with 2.246% on Wednesday. Yields fall as bond prices rise.
The producer-price index for final demand, which measures changes in prices that U.S. companies receive for goods and services, declined a seasonally adjusted 0.1% in July from the prior month, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had expected the gauge to rise 0.2%.
The decline marked the latest sign of weakening inflation pressure, and a potential challenge to policy makers contemplating when to next raise interest rates.
”That number was a big surprise. The market was not ready for that,” said Jeff MacDonald, head of fixed-income strategies at Fiduciary Trust Company International in New York. “The market is starting to get a little frustrated and discount how much inflation and growth we’re going to get.”
Investors consider inflation a major threat to government bonds because it erodes the purchasing power of their fixed payments.
Federal-funds futures, used by investors to place bets on the Federal Reserve’s rate-policy outlook, on Thursday showed roughly 44% odds of another rate-increase this year, down from 59% a month ago, according to CME Group data.
Strong demand for an auction of 30-year bonds further boosted Treasurys, as investors regained their appetite for new debt following an underwhelming 10-year note sale on Wednesday.
Heightened strains between North Korea and the U.S. also pushed investors into assets perceived as safe, such as government bonds on Thursday as major stock indexes declined. In another sign of investor jitters, one measure of stock market volatility, the CBOE Volatility Index, spiked and was on track to close at its highest level in over a month.
Treasury yields also dipped after Federal Reserve Bank of New York President William Dudley spoke on Thursday, highlighting moderate expansion in the labor market but also addressing challenges such as lackluster wage growth. Minneapolis Fed President Neel Kashkari is scheduled to speak Friday after the release of a monthly gauge of consumer prices.
The Dow closed down 205 points Thursday, in its biggest decline since May 17
The Stoxx Europe 600 was down 1.1% in morning trade
S&P 500 would open down 0.2%
The CBOE Volatility Index—a measure of investors’ expectations for swings in the S&P 500 over the next 30 days—surged 44% to 16.04 Thursday—its highest level since U.S. Election Day.
Appetite for so-called haven assets continued to support gold, which rose 0.3% Friday to $1,294.00 a troy ounce. The yield on U.S. 10-year Treasurys slid to 2.191% Friday from 2.211% Thursday. Yields move inversely to prices.
In Asia, benchmarks in Hong Kong and South Korea—which had been one of the best performers of 2017—closed down 2% and 1.7% respectively, Friday, putting the week’s drop at 2.5% and 3.2%.
Korea’s Samsung Electronics fell 2.8% Friday and was down 6.1% on the week. China’s Tencent Holdings, whose surge of about 70% in 2017 was key to the Hang Seng’s gains, fell 4.9% Friday.
Despite the drop, markets have shown resilience, with Korea’s Kospi still up 14.5% in 2017. The Hang Seng is up 22.2% for the year.
In China, selling deepened as Friday progressed. Beijing warned of irrational trading in metals after steel-rebar futures fell 2.7% Friday.