London — Shares rose on Tuesday, while the yen, Swiss franc and gold all dropped after North Korea’s leader signalled he would delay plans to fire a missile towards Guam, easing tension and prompting investors to buy riskier assets. European shares followed Asian bourses higher, having already risen late on Monday after US officials played down prospects of the standoff between North Korea and the US leading to conflict. The pan-European Stoxx 600 index rose 0.1%, adding to Monday’s 1.1% gains. North Korea’s leader Kim Jong-un received a report from his army on its plans to fire missiles towards the US Pacific territory of Guam and said he would watch the actions of the US for a while longer before making a decision, the North’s official news agency said on Tuesday. "There is a more relaxed attitude being taken towards the Korean situation in markets. With the report North Korea has put its plans on hold, there is a sense of stepping back from the brink," Rabobank analyst Lyn Graham...
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