News


Well, not much to be honest

Both leaders have entered into the meeting on a positive note and so far things are still looking that way. All talks since the morning have been very much private and confidential, and Trump and Kim are now having a working lunch after discussions earlier and a one-on-one talk.

If anything, it seems like the two are able to stick nicely to the schedule planned out and that’s always a good thing. But don’t expect any major breakthrough on peace or denuclearisation to come from the summit today. It’ll take time to build said trust between the two nations, and this is just the first step.

Markets may cheer the optimism that we’ll see as a result of the talks, but it’ll be tough to price in the bigger picture of an end to hostilities between North Korea and the rest of the world. Or at least, it’ll take more time to factor that in.

As for the rest of the day, Trump is scheduled to hold a press conference at 4 p.m. local time (0800 GMT) and he’ll be departing Singapore at 7 p.m. local time (1100 GMT). He’s also believed to be giving an interview to Fox News before flying off.



Source link

Articles You May Like

NZD/CAD. RBNZ dovish and recent data supports CAD
The strongest and weakest currencies as NA traders enter for the day/week
HOW TO ALWAYS WIN in FOREX TRADING
My Favorite Forex Trading Strategy on the 4 Hour Chart | EURAUD | Aug 11, 2014
Australia data today – Q2 Wages preview

Leave a Reply

Your email address will not be published. Required fields are marked *