Typical Risk off move across the market in Far East after a rather aggressive comment by President Trump against North Korea, Nikkei down almost one percent breaking below 19800, US Dow futures also lower about to break below 22k, Japanese Yen so far is the biggest winner on this risk off move against the majors, $KRW making 0.8% rally while XAU traded higher from 1260 to 1267 before backing off to 1264.

AUD$ trading heavy on the back of weaker than expected Westpac Consumer Confidence number came out 95.5 vs 96.6 prior month, headline news of a magnitude 6.6 earthquake in China not helping the AUD$ either.