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Global Markets: Shares rally, yen and gold fall as Korea tensions ease

Global Markets: Shares rally, yen and gold fall as Korea tensions easeShares rose on Tuesday, while the Japanese yen, Swiss franc and gold all dropped after North Korea’s leader signalled he would delay plans to fire a missile towards Guam, easing tensions and prompting investors to buy riskier assets. European shares followed Asian bourses higher, having already risen late on Monday after U.S. officials played down prospects of the standoff between North Korea and the United States leading to conflict. North Korea’s leader Kim Jong Un received a report from his army on its plans to fire missiles towards the U.S. Pacific territory of Guam and said he would watch the actions of the United States for a while longer before making a decision, the North’s official news agency said on Tuesday.

Source: Yahoo Finance

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