Yen up, risk down - Spanish police warn of possible terrorist incident

Markets are responding to more news out of Spain:

• More from Spain - Catalan police warn of possible terrorist attack

There is very little information on this possible 2nd attack

Tweet from police (translated from Spanish):

• At the moment, police operation in #Cambrils before possible terrorist attack. Avoid being on the street! Stay at home.

More coming now:

• Several attackers killed in shootout, say police

(that is via Spanish media)