Safe havens bid on N.Korea and China risk - UOB

Analysts at UOB Group noted two key risks supporting the safe havens.

Key quotes:

"Concerns over the deleveraging in China and a possible North Korea missile launch are likely to bring some sense of jitteriness to Asian markets in the near term.

Already, safe havens are well bid with the yen closer to a 2-month high of ¥111 while gold nears $1,300 per ounce."