SUMMIT MEETINGS – SINGAPORE

Markets take cautious view of historic talks

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Original article by David Rogers
The Australian – Page: 19 & 28 : 13-Jun-18

The summit meeting between US President Donald Trump and North Korean leader Kim Jong-un has had relatively little impact on global financial markets. Royal Bank of Canada’s Sue Trinh says the upcoming release of key economic data in the US and Australia will be a greater focus for financial markets in the near-term, noting that the two leaders differ on just what "complete denuclearisation" on the Korean peninsula will entail. Meanwhile, the US Federal Reserve is tipped to tighten monetary policy at its monthly meeting.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, ROYAL BANK OF CANADA, UNITED STATES. FEDERAL RESERVE BOARD, RESERVE BANK OF AUSTRALIA, EUROPEAN CENTRAL BANK, BANK OF JAPAN, KOSPI INDEX, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, STANDARD AND POOR’S ASX 200 INDEX

Trump, Kim meeting to herald changed era

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Original article by Cameron Stewart
The Australian – Page: 1 & 8 : 12-Jun-18

Denuclearisation of the Korean peninsula will be a priority for the historic summit between US President Donald Trump and North Korean leader Kim Jong-un in Singapore. US Secretary of State Mike Pompeo has indicated that Trump will accept nothing less than complete denuclearisation. The US in turn is expected to offer North Korea a range of as yet unspecific economic and security concessions, although they will be conditional on North Korea scrapping its nuclear weapons program. The two leaders will initially meet alone before being joined by their advisers.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED STATES. DEPT OF STATE