As the US returns from Labor Day, market sentiment remains cautious with tensions over North Korea still at the forefront of traders’ minds. The US is looking for the UN to take a hard line with North Korea, whilst in the immediate proximity South Korea continues to prepare for military manoeuvres. Markets retain their safe haven bias from trading yesterday. This means that assets such as gold, the yen and the Swiss franc are all still performing well. Treasury yields that had closed strongly higher on Friday are also being pegged back as the US comes back on line after being closed for Labor Day public holiday. ... (full story)