US president Donald Trump's warning to North Korea that any threat to the US would be met with 'fire and fury' sent investors scurrying for cover in safe havens, boosting the US dollar, Japanese yen, Swiss franc, while denting equities.

• • Trump's 'fire and fury' warning to N.Korea sparks safe-haven flows
• • Markets in classic risk-off mode, but reaction has been modest
• • USD, CHF and JPY strengthen on the back of escalation of geopolitical tensions
• • Risk-off shift is likely to lead to deleveraging of positions: Hardy
• • Initial shock in equity markets over Trump's warning gave way to calm: Garnry
• • Novo Nordisk Q2 results beat expectations
• • S&P 500 capex is rising again: Garnry
• • Oil stuck between rising US and Libyan production, falling US inventories
• • Trump's 'fire and fury' warning also drives metals markets
• • Gold found support ahead of $1,247/oz, but firmer USD caps recovery 
• • RBNZ expected to be dovish, announcement at 2100 GMT, news conference 2200