Stock markets fell and the yen, gold and sovereign bonds rose on Monday as North Korea’s most powerful nuclear test provoked a knee-jerk shift to safe havens. Sunday’s test, and reports from Seoul that Pyongyang was making preparations for another missile launch, sparked another warning from Washington and drove South Korea’s stock market <.kospi> more than 1 percent lower. Japan’s Nikkei lost almost 1 percent and Europe’s major exchanges opened more than half a percent down.
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September 27, 2017