U.S. equities came back under the gun
U.S. equities came back under the gun following "H-bomb in the Pacific" hints from Pyongyang after Trump UN threats and new sanctions, which somewhat elevated risk premiums overnight though that effect has partly dissapated heading towards the U.S. open after denting Asian bourses. The yen rebounded with gold initially, tipping Japan's N-225 0.25% lower and denting the S. Korean KOSPI by 0.74%. Europe is marginally firmer outside of the Spanish IBEX, given the Catalonian issue. The Dow is 31-points lower, S&P sank 5-points and NASDAQ is off 19-points in pre-market action. There's not much on tap stateside outside of more Fedspeak from hawks George and Kaplan, along with flash Markit PMIs. Apple remains under pressure after its product relaunch last week. OPEC/NOPEC meetings in Vienna remain aimed at shoring up oil prices, which are stuck just over $50 bbl. The dollar index is marginally lower, stuck near 92.0 and gold made a stab at $1,299 before pulling back to $1,293.