Shanghai eased 0.4 percent as China reported a slight slowdown in producer price inflation In contrast, gold climbed to $1,277.29 an ounce and touched its highest since Nov. "A degree of uncertainty has found its way into previously seemingly bulletproof financial markets," wrote analysts at ANZ. "There is clearly some nervousness out there, with tensions around North Korea ratcheting higher and adding to an already heightened geopolitical environment. Global cyclical assets have not yet responded, but that can't last. Dealers warned there was little in the way of chart support until the 200-day moving average at 108.72.The euro sank to its lowest in five months at 116.02 yen and on track for 12 straight sessions of losses, a record for the single currency.

Source: Economic Times April 12, 2017 05:48 UTC