Global markets traded in a tight range once again overnight, with the US market drifting lower as President Donald Trump escalated the war of words with North Korea. Trump told reporters that North Korea "will be met with fire and fury like the world has never seen" if it threatened the United States again.
Despite the market move lower, volatility in markets remains remarkably low. In fact, over the course of 2017 the US market (measured by the S&P 500 index) has only fallen by more than 1% twice this year, and has not moved more than 0.5% cent since July.
Stock in Focus: PGG Wrightson (PGW.NZ)
PGW shares made gains yesterday as the rural services company today posted a 5.7% gain in full-year profit, meeting its guidance, as it benefitted from lower interest costs, offsetting...
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