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North Korea missile test leaves global stocks unimpressed; yen wilts

North Korea's latest test missile flew over Japan's northern island of Hokkaido

Reuters  |  London 

Traders paid little attention to the latest missile test by North Korea on Friday, with shares and other risk assets barely moving, gold lower and focus rapidly returning to when and where interest rates will go up. London, Frankfurt, and Paris were a shade lower after Pyongyang fired a second missile in as many weeks over Japan, but the test had little effect on what was set to be the best week for European stocks since July. The yen was also pushed lower to 110.7 per dollar in the currency markets, but that too was a continuation of the trend. The Japanese currency has ...

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First Published: Fri, September 15 2017. 17:44 IST