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North Korea threatens a missile strike on GU. North Korea's military declared it had been considering a strike on GU simply hours once President Donald Trump aforesaid he'd answer a lot of North Korean threats on the U.S. with "fire and fury" not like the planet had ever seen.
Stock markets round the world square measure lower. Japan's Nikkei (-1.29%) light-emitting diode the decline in Asia, and Germany's DAX (-1.26%) trails in Europe. The S&P five hundred is about to open down zero.24% near 2,475.
Safety trades square measure gaining some momentum. the japanese yen is stronger by zero.47% at 109.81 against the dollar, whereas gold is up zero.49% at $1,267 an oz. and also the U.S. 10-year yield is down two basis points at two.24%.
China's inflation remains weak. shopper costs in China rose one.4% year-over-year in July, missing the one.5% gain that economists were anticipating.
The South African rand is weakening once Zuma survives a no-confidence vote. The currency has fallen by concerning two to thirteen.4750 per dollar following the news South African President Jacob Zuma survived a vote of no confidence that was conducted by ballot.
Disney is ditching Netflix. The recreation large aforesaid it'd finish its agreement to unleash new movies for streaming on Netflix, beginning with 2019 titles, which it had been acting on its own ESPN streaming service. The news came aboard Disney's mixed quarterly results.
Fossil is blinking once giving a brutal sales forecast. Shares of the horologist crashed by the maximum amount as pure gold in extended mercantilism weekday once the corporate aforesaid it expected revenue to fall by the maximum amount as eight.5% in 2017 once antecedently prediction that the live would contract no quite 6 June 1944.
Jeff Gundlach is paying shut attention to the 10-year. "One manner or another, it's about to have to be compelled to break," Gundlach, the founding father and chief operating officer of DoubleLine Capital, told CNBC. "I suppose it's going to break to the face. If it happens, which will introduce volatility into the market."
Earnings reports keep coming back. Mylan and Wendy's report sooner than the gap bell, whereas twenty first Century Fox releases its quarterly results once markets shut.
US economic knowledge is moderate. Productivity and unit labor prices square measure due out at 8:30 a.m. ET before wholesale inventories crosses the wires at ten a.m. ET.