Aug
08
Stocks Fall on Trump Threat as Haven Assets Climb: Markets Wrap
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Trump says threats from North Korea to be met with fire, fury
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Yen leads gains among G-10 currencies, gold advances
Stocks in Asia declined with U.S. equity-index futures after President Donald Trump delivered a warning to North Korea amid rising tensions between the nations. The yen and gold climbed.
Volatility gauges from the U.S. to Japan rose after Trump said further threats from the country would be met with “fire and fury.” His comments followed a report in the Washington Post, citing a Defense Intelligence Agency analysis, that Pyongyang successfully developed a miniaturized nuclear warhead that could fit onto its missiles. North Korea said it’s examining an operational plan for firing a ballistic missile toward Guam. Crude dipped below $49 a barrel…
Stocks Fall on Trump Threat as Haven Assets Climb: Markets Wrap
