This morning, risk-haven assets are in demand after North Korea’s apparent nuclear bomb tests. Gold has reached its highest levels since September 2016, with Silver hitting the highs as well.
On currency markets, the yen is demands as the yen pairs gap lower. The biggest moves are seen on the USD/JPY, with significant losses also seen on the AUD/JPY.
Dollar pairs are mixed, with the euro firmly in positively territory, while the AUD/USD slips lower on regional tensions.
The EUR/GBP is reversing course and making gains for the first time in three sessions.
It is a North American bank holiday in observance of Labor Day.
This morning, we have UK construction PMI.
Judging by recent rhetoric, the North Korea situation could get worse before it gets better.