Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, August 7, 2017. REUTERS/Staff/Remote

LONDON (Reuters) – The damage inflicted on world stocks this week by the escalating war of words over North Korea topped $1 trillion on Friday, as investors again took cover in the yen, the Swiss franc, gold and government bonds.
With the tense mood pushing European shares down for a third day [EU] and Wall Street set to fall again ESc1[.N], global stocks .WORLD were on course for their worst week since Donald Trump won November’s U.S. presidential election.
Now installed in the White House, Trump issued a new warning to Pyongyang on Friday, tweeting: “Military solutions are now fully in place, locked and loaded, should North Korea act unwisely.”
North Korea had responded to Trump’s previous promise to unleash “fire and fury”, with a threat to land a missile near the U.S. Pacific territory of Guam.
Japanese markets were closed for a holiday but the yen powered on, …