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Markets calmer but not breathing easy yet

US officials downplay the threat of war, with the Defense Secretary saying that war would be "catastrophic"

Despite Monday's relief trade, observers expect North Korea to remain a key issue hovering in the background even as other factors reassert themselves.


INVESTORS on Monday backtracked from the previous week's North Korea trade, adding back risk and easing out of safe havens as the United States sought to assure the public and its allies that it was not keen to have a war.

But fears of a Korean conflict remain simmering...

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