"I think before the end of the year the market goes to new highs and (Treasury) yields go higher".
The euro, which hit its highest since the start of 2015 on August 2, dipped 0.1 percent to $1.1761 in morning trade in Europe.
"Geopolitical tensions are the key driving force this morning, boosting demand for safe havens", TD Securities analysts said in a note.
The S&P 500 index had its biggest one-day drop in nearly three months on Thursday as investors fled riskier assets, with technology stocks leading the charge, in response to an increasingly aggressive exchange of threats between the United States and North Korea. Secretary of State Rex Tillerson later insisted the US isn't signalling it's about to mete out a military response despite threats from North Korea suggesting it could attack Guam, a USA island territory in the Pacific.
"The direction in global equities will likely play a major role in the yen's direction today, while the market will also be interested to see what comes of US CPI data".
Toilet: Ek Prem Katha First day box office collections
It shows how Keshav ( Akshay Kumar ) wins back his love by taking a stand against India's old age tradition and value. It also has the advantage of the public holiday ( Independence Day ) on Tuesday, which will surely boost the film.
USA stocks were on track for their biggest weekly loss in months, shaken by disappointing earnings results and an escalation of threats between the US and North Korea. On Thursday, the Dow Jones index dropped 0.9 percent, or 204,69 points, to 21 844,01.
European markets were also in the red following a negative session in Asia.
South Korean stocks ended slightly lower Thursday as foreign investors offloaded local stocks on profit-taking amid escalating tensions over North Korea's provocations.
He has now gone further, saying the warning may not have been tough enough and that if North Korea did what it had threatened, it faced "an event the likes of which nobody's seen before".
The Dow slid as declines in Apple and Goldman Sachs, down 2.3% and 1.7% respectively, outweighed gains in McDonald's and Coca-Cola, up 1.4% and 0.5% respectively. The bigger surprise is that the cost to protect against declines in the kiwi against the USA dollar for one month shot up to the most expensive levels since April. It was trading at 109.16 yen, after retreating 0.8 percent on Thursday.
"The fear trade, which is the gold trade, has helped buoy the Toronto Stock Exchange", said Allan Small, a senior investment advisor at Holliswealth. The Nasdaq composite fell 45 points, or 0.7 percent, to 6,324.
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