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1.Market Observations, 8.Was Sticky

12 Aug 2017 (AFR) – Markets take fright as Donald Trump hardens his stance on North Korea

(12 August 2017, AFR, p28, by Karen Maley)

‘The market’s tenuous confidence has been shattered. Wall Street witnessed its biggest sell-off in nearly three months as investors dumped shares amid escalating tensions between Washington and Pyongyang, and instead sought refuge in traditional safe havens such as US bonds and gold. Investors took fright after US President Donald Trump refused to moderate his hard-line stance on North Korea.’

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