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Global stocks dip, yen gains after North Korea's nuclear test

The drop came as traders were nervously eyeing developments in North Korea

Reuters  |  London 

Oil prices fell on Monday after a powerful North Korean nuclear test explosion triggered a flight of investors away from crude markets and into gold futures, which are seen as a safe haven. Brent crude futures, the international benchmark for oil prices, had fallen by almost 1 per cent from their last close, or 41 cents, to $52.34 per barrel by 6:55 am.  The drop came as traders were nervously eyeing developments in North Korea, where the military conducted its sixth and most powerful nuclear test over the weekend. Pyongyang said it had tested an advanced hydrogen ...

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First Published: Tue, September 05 2017. 02:09 IST
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