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BoS: Market impact of North Korean hostilities, possible US government shutdown will be limited

Bank of Singapore believes that the market impact of escalating tensions between the US and North Korea, and of concerns about a potential government shutdown in the US, will be limited. “While headlines of North Korea’s nuclear tests create some market uneasiness, historical evidence reveals that the market impact from North Korea’s provocation remained limited,” Johan Jooste, CIO at Bank…

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