European markets end lower amid geopolitical tensions

North Korea

PAUN must put pressure on Kim Jong Un's regime

Investors are leaving the index to look to traditional safe-havens such as the Swiss franc, the dollar, or gold.

United Kingdom stocks headed sharply lower again on Friday, as the escalating tensions between the USA and North Korea rattled investors and helped drive a global selloff. There is little in the way of fundamentals to point to other outcomes, and investors are nervous that the rhetoric between the two country's leaders could escalate.

Tensions with North Korea appear to have finally shaken the confidence of USA investors, after the S&P 500 opened 0.8% lower, threatening to end its 15-day streak with a closing streak of more than 0.3%, a 90-year record. Trump said that Kim-un Jong had disrespected his country and also said that he would not be getting away with it.

In the eurozone, the Paris CAC 40 dropped nearly 0.7 percent to 5,081.92 points compared with the closing level on Thursday.

Tillerson's tone was in sharp contrast to that of USA president Donald Trump, who warned on Tuesday any North Korean threat to the U.S. would be met with "fire and fury".

One of the few pieces of news in the markets right now is the US CPI data, which may show that inflation in the country has fallen, reducing the need for any forthcoming Federal Reserve interest rate hikes.

Altre Notizie