U.S. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fuelled geopolitical jitters. North Korea said it might test a hydrogen bomb over the Pacific Ocean, in response to U.S. President Donald Trump's threat on Tuesday to destroy the reclusive country. "Big noise out of North Korea will keep today's trading defensive," said Peter Cardillo, chief market economist at First Standard Financial in New York.
On September 22, 2017, the Shanghai Composite Index fell 0.16% and ended at 3,352.53. The SPDR S&P China ETF (GXC) fell 0.1% and closed at 104.50.
Chinese companies are cashing in. That augured the end of the last rally.